In October, the market share of battery-electric cars rose to 14.2%, up from 12% in the same month last year. The year-to-date share now stands at 14%, suring diesel’s cumulative share for the first time. Hybrid-electric cars secured second spot with nearly 29% market share, while petrol cars maintained their lead, albeit decreasing to 33.4% in October. l536c

In October 2023, EU registrations of battery-electric cars increased significantly, growing by 36.3% to reach 121,808 units. Several markets contributed to this expansion with triple-digit percentage increases, particularly Belgium (+147.3%) and Denmark (+100.7%).

According to ACEA, following a slowdown in September, – the largest market for battery-electric cars – grew modestly (+4.3%) in October. This brings the year-to-date volume to 1.2 million units, marking a noteworthy 53.1% gain compared to last year and capturing a 14% share of the EU car market over the ten-month period.

New EU registrations of hybrid-electric cars surged by 38.6% in October, propelled by substantial growth in the region’s top three markets: (+57.9%), (+40.1%), and Italy (+28%). This contributed to a cumulative increase of 29.8%, totalling 2.2 million units sold in the first ten months, representing over a quarter of the market.

Plug-in hybrid electric car sales dropped by 5% year on year to 72,002 units last month. Despite notable increases in Belgium (+70.2%) and (+34.2%), this was insufficient to offset ’s decline (-49%), the largest market for this power source. As a result, the market share of plug-in hybrid cars decreased from 10.2% to 8.4% in October.