Electric cars reached 21% market share in Europe

Sales of electric cars in Europe are in full expansion, and last August they reached an all-time high by exceeding the 20% sales share for the first time.

According to data from the European Automobile Manufacturers Association, 100% electric models registered a total of 165,165 units in August, allowing them to take over 21% of car sales in the EU.  Something that also means multiplying last year’s figures almost by two, when pure electric vehicles represented 13% of deliveries.

This means that, for the first time, electric cars now represent one in five registrations in our market, also accumulating a total of 1 million registered units in the first 8 months of the year, January-August.

Another interesting fact is that this growth does not occur as in previous years amid a collapse in general sales, which can help to double the figures for electric vehicles. And in August, car sales in Europe grew by 21%. A month that is usually somewhat dense in terms of sales due to the holiday period.

Also interesting is the section that tells us that models with internal combustion engines represented less than 50% of sales in August. Plug-in hybrids represented 7.4% of sales, up from 8% last year, while conventional hybrids accounted for 23.9% of sales.

Tesla Model 3 and Model Y

Diesel models are undoubtedly the most affected by this new era, and they do not see the end of their decline, representing only 12.5% ​​of sales. A figure that just eight years ago exceeded 50%.

At the moment there is no definitive data from the ACEA on models and groups, but provisional data indicates that Tesla has once again been the main protagonist in terms of sales of electric cars, achieving first place by model, with the Model Y with 12,900 units, as well as by brand, with 24,918 units and 15.5% of sales.

new car registrations

Curiously, a year ago Tesla was second with 11.2% of electric sales, just behind Volkswagen, which achieved 14.3%. But the situation has taken a 180-degree turn, and the arrival of new competition seems to have not harmed the North American manufacturer, which has an increasingly solid position, but it has harmed the rest of the groups that see, in most cases, reduced its market share.

BrandAugust 2022August 2023
Tesla11.2%15.5%
Volkswagen14.3%11.6%
BMW7.4%6.5%
Hyundai5.8%5.5%
Mercedes Benz5.5%5%
KIA4.6%4.8%
Opel4.8%4.3%
MG2.9%3.9%
FIAT3.4%2.5%

Lynda Reeder

I'm Lynda, I currently own Tesla. I write about electric cars. My aim is to provide information on how technology can improve the ownership experience of electric vehicles.

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