Through European Automobile Manufacturers' Association (ACEA) monthly report 📊, we have observed significant trends in EU car registrations for the second quarter of 2024. In May, car registrations declined by 3%, with growth in Spain but declines in Italy, Germany and France. However, June saw a 4.3% increase, driven by gains in Italy ( 15.1%), Germany ( 6.1%) and Spain ( 2.2%), while France continued to decline by 4.8%. In the first half of 2024, new car registrations increased by 4.5%, reaching almost 5.7 million units, although volumes remain 18% below pre-pandemic levels. Battery electric cars accounted for 12.5% of the market in May, rising to 14.4% in June ⚡. Despite declines in Germany, the Netherlands and France, there was significant growth in Belgium ( 50.4%) and Italy ( 117.4%). Hybrid electric vehicles also recorded substantial growth, with their market share increasing from 24.4% in June 2023 to 29.5% in June 2024 🚗. This segment experienced a 26.4% increase in registrations in June, with all major markets posting double-digit gains. Sales of gasoline and diesel #vehicles posted significant declines, underscoring the transition to more sustainable options in European transportation. 🚀 What do you think will be the next step in this evolution? ✨ #ElectricVehicles #Sustainability #CleanMobility #Cars
🚨 BREAKING 🚨 📊 🚗 European car sales figures for June and the first six months of 2024 are fresh off the press, increasing by 4.3%! ⛽ In June, petrol car sales remained relatively stable, decreasing by just 0.7%. 🔋 Battery-electric registrations rose by 1.3% compared to the same six-month period last year 🔌 While plug-in hybrid car registrations saw a decline of 19.9%, hybrid-electric registrations rose sharply by 26.4% in June Delve into the data for June and the first 6 months of the year 👉 https://lnkd.in/eHkTUSj5