1. Europe Auto Market Overview in June
Duevolt New Energy reviews the global automotive market and sales data each month. This article will cover the auto market in European countries for June and an overview of market performance of BEV&PHEV in the first half of 2024.
In General the overall auto sales in Europe of June is quite stable, not too much excitement upon the data. Let’s check out the details down below.
In terms of total volume for Europe Auto Market, car sales in various European countries in June are as follows:
- Germany: 297,000
- United Kingdom: 179,000
- France: 182,000
- Italy: 161,000
- Spain: 103,000
- Sweden: 25,000
- Norway: 17,000
The total sales in these countries amount to approximately 1.164 million units, which is slightly better than in 2023 but still significantly below levels during pre-pandemic.
1.1 Battery Electric Vehicles
In June, the sales of battery electric vehicles in European countries are as follows:
- Germany: 43,412 units
- United Kingdom: 34,034 units
- France: 29,842 units
- Italy: 13,415 units
- Spain: 5,531 units
- Sweden: 9,118 units
- Norway: 15,124 units
The total sales in these countries amount to approximately 151,240 units. Germany, Italy, and Norway reached new highs for 2024, while the other countries had relatively balanced sales of battery electric vehicles.
1.2 Plug-in Hybrid Electric Vehicles (PHEV)
In June, the sales of plug-in hybrid electric vehicles (PHEV) in various European countries are as follows:
- Germany: 15,391 units
- United Kingdom: 16,604 units
- France: 14,044 units
- Italy: 5,607 units
- Spain: 5,204 units
- Sweden: 5,240 units
- Norway: 931 units
The total sales in these countries amount to approximately 74,411 units.
2. 2024 Mid-Year Review
2.1 Cumulative Sales of Battery Electric Vehicles:
- Germany: 184,100 units
- United Kingdom: 167,100 units
- France: 158,800 units
- Italy: 35,000 units
- Spain: 26,500 units
- Sweden: 42,000 units
- Norway: 53,100 units
Battery electric vehicles mainly fall into two tiers: those with over 100,000 units and those with under 100,000 units.
2.2 Cumulative sales of plug-in hybrid electric vehicles:
- Germany: 89,600 units
- United Kingdom: 81,500 units
- France: 73,500 units
- Italy: 29,200 units
- Spain: 30,900 units
- Sweden: 30,500 units
- Norway: 2,200 units
These sales can be categorized into those above 50,000 units and those below 50,000 units.
When analyzing penetration rates, in countries with higher sales bases like Germany, France, and the United Kingdom, the penetration rate is around 20%. Among these, about two-thirds are battery electric vehicles (BEVs) and one-third are plug-in hybrid electric vehicles (PHEVs).
3. Summary
Overall, the European market shows slow growth in both battery electric vehicles and plug-in hybrid vehicles in 2024.
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