the share of electric cars is falling on the European market

100% electric vehicles represent 14.2% of the market on the old continent, according to figures published Tuesday. They exceed diesel for the first time (12%).

100% electric vehicles confirmed their decline in October, reaching 14.2% of the European market, according to sector statistics published Tuesday, November 21. Electrics, which represented 12% of sales in the European Union at the end of 2022, had reached 21% market share in August 2023, before dropping off in September.

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Over the first ten months of the year, however, with 14% of sales, electric vehicles overtook diesel for the first time (12%). Gasoline cars remain in the lead with 33.4% of sales, ahead of hybrids (29%).

Still far from pre-pandemic volumes

All energies combined, the European market continued its recovery with 855,484 new passenger cars registered in the countries of the European Union, an increase of 14.6% over one year, said the Association of European Automobile Manufacturers in a communicated.

Over the first ten months of the year, the market grew substantially (16.7%), totaling nearly nine million units. But it is still far from the volumes recorded before Covid-19 which disrupted supply chains, particularly for electronic chips. This ten-month trend was driven by the largest national markets, such as Germany (+13.5%), France (+16.5%), Italy (+20.4%) and Spain (+18.5%).