{"id":49741,"date":"2024-02-20T07:50:00","date_gmt":"2024-02-20T06:50:00","guid":{"rendered":"https:\/\/www.acea.auto\/?post_type=pr-pc&#038;p=49741"},"modified":"2024-02-19T20:20:11","modified_gmt":"2024-02-19T19:20:11","slug":"new-car-registrations-12-1-in-january-2024-battery-electric-10-9-market-share","status":"publish","type":"pr-pc","link":"https:\/\/www.acea.auto\/pc-registrations\/new-car-registrations-12-1-in-january-2024-battery-electric-10-9-market-share\/","title":{"rendered":"New car registrations: +12.1% in January 2024; battery electric 10.9% market share"},"content":{"rendered":"\n<div class=\"intro block-container\"><p>In January 2024, the EU new car market rebounded from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units. <\/p><\/div>\n\n\n\n<div class=\"embed block-container\"><p><iframe class=\"localfocusvisual\" frameborder=\"0\" style=\"width:100%;height:450px;overflow:hidden\" src=\"https:\/\/localfocuswidgets.net\/65d37b46311e6\"><\/iframe> <\/p><\/div>\n\n\n\n<div class=\"cntnt block-container\">\n<p>Notably, the bloc\u2019s major markets all saw significant growth, with Germany (+19.1%), Italy (+10.6%), France (+9.2%), and Spain (+7.3%) achieving either high single-digit or double-digit gains.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-new-eu-car-registrations-by-power-source\">New EU car registrations by power source<\/h2>\n\n\n<p><iframe class=\"localfocusvisual\" frameborder=\"0\" style=\"width:100%;height:450px;overflow:hidden\" src=\"https:\/\/localfocuswidgets.net\/65d38315180f5\"><\/iframe><\/p>\n\n\n<p>In <strong>January<\/strong>, battery electric cars accounted for 10.9% of the market share (up from 9.5% in January 2023), while hybrid-electric cars commanded a share of nearly 30%, solidifying their position as the second most preferred choice among EU car buyers. The combined market share of petrol and diesel cars totalled almost 50% in January 2024, marking a decline from 54% one year ago.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-electric-cars\">Electric cars<\/h3>\n\n\n\n<p>In <strong>January 2024<\/strong>, new battery-electric car sales surged by 28.9% to 92,741 units, representing a total market share of 10.9%. The four largest markets in the region \u2013 together covering 66% of all battery electric car registrations \u2013 recorded robust double-digit gains: Belgium (+75.5%), the Netherlands (+72.2%), France (+36.8%), and Germany (+23.9%).<\/p>\n\n\n\n<p>In January, new EU registrations of hybrid-electric cars increased by 23.5%, propelled by significant growth in the four biggest markets: Spain (+26.5%), France (+29.9%), Germany (+24.3%), and Italy (+14.2%). This led to the sale of 245,068 units in the first month of 2024, representing 28.8% of the EU market share.<\/p>\n\n\n\n<p>Sales of plug-in hybrid electric cars rebounded after a decline in December 2023, rising by 23.8% to 66,660 units in January 2024. This growth was primarily driven by significant increases in key markets such as Belgium (+65.2%) and Germany (+62.6%). As a result, plug-in hybrid electric cars now represent 7.8% of total car sales in the EU.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-petrol-and-diesel-cars\">Petrol and diesel cars<\/h3>\n\n\n\n<p>In <strong>January 2024<\/strong>, the EU petrol car market expanded by 4%, propelled by notable increases in key markets such as Italy (+26.7%) and Germany (+16.9%). Despite maintaining its lead with 35.2% of the market in January, the share of petrol cars decreased from 37.9% in the same month in 2023.<\/p>\n\n\n\n<p>Conversely, the EU diesel car market contracted by 4.9% in January. This decline was evident in several markets, including three of the largest: France (-23.4%), Spain (-10.2%), and Italy (-8.7%). However, Germany diverged from this trend with a 4.3% growth rate. In January 2024, diesel car sales reached 114,415 units, accounting for a market share of 13.4%, down from 15.8% in 2023.<\/p>\n\n\n\n\t\t<blockquote class=\"shareable-blockquote\">\n\t\t\t<div class=\"content\">In January 2024, new battery-electric car sales surged by 28.9% to 92,741 units, representing a total market share of 10.9%.<\/div>\n\t\t\t<div class=\"share-links\">\n\t\t\t\t<div class=\"share-buttons\"><a class=\"twitter resp-sharing-button__link\" aria-label=\"\" href=\"https:\/\/twitter.com\/intent\/tweet\/?text=In%20January%202024%2C%20new%20battery-electric%20car%20sales%20surged%20by%2028.9%25%20to%2092%2C741%20units%2C%20representing%20a%20total%20market%20share%20of%2010.9%25.&amp;url=https%3A%2F%2Fwww.acea.auto%2Fpc-registrations%2Fnew-car-registrations-12-1-in-january-2024-battery-electric-10-9-market-share%2F\" target=\"_blank\">\n                    <span class=\"resp-sharing-button resp-sharing-button--twitter resp-sharing-button--small\"><span 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Whenever reproduction is permitted, ACEA shall be referred to as source of the information. 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45<\/a><\/li>\n\n\n\n<li>Pedro Gomes Nogueira, Automotive Intelligence Manager,&nbsp;<a href=\"mailto:pgn@acea.auto\">pgn@acea.auto<\/a>,&nbsp;<a href=\"tel:+3227387355\">+32 (0) 2 738 73 55<\/a><\/li>\n<\/ul>\n\n\n<div class=\"grey-box stay-up-to-date-container\">\n    <h2>Interested in ACEA press releases?<\/h2>\n    <p>Receive them directly in your inbox!<\/p>\n    <div class=\"small-stay-up-to-date-form form\">\n        <input type=\"text\" class=\"email\">\n        <button class=\"stay-up-to-date\" data-toggle=\"modal\" data-target=\"#exampleModalLong\" type=\"button\">Subscribe<\/button> \n    <\/div><br>\n<\/div>\n\n<\/div>\n\n\n\n<div class=\"abt-i block-container\">\n<h2 class=\"wp-block-heading\" id=\"h-about-the-eu-automobile-industry\">About the EU automobile industry<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>13.2 million Europeans work in the automotive sector<\/li>\n\n\n\n<li>10.3% of all manufacturing jobs in the EU<\/li>\n\n\n\n<li>\u20ac383.7 billion in tax revenue for European governments<\/li>\n\n\n\n<li>\u20ac106.7 billion trade surplus for the European Union<\/li>\n\n\n\n<li>Over 7.5% of EU GDP generated by the auto industry<\/li>\n\n\n\n<li>\u20ac72.8 billion in R&amp;D spending annually, 33% of EU total<\/li>\n<\/ul>\n<\/div>\n\n\n\n\n\n<div><\/div>\n","protected":false},"template":"","priority-tags":[738,832,813,830,761],"vehicles":[838,851],"class_list":["post-49741","pr-pc","type-pr-pc","status-publish","has-post-thumbnail","hentry","priority-tags-green-clean","priority-tags-registrations-of-vehicles","priority-tags-global-competitive","priority-tags-market-and-economy","priority-tags-powertrain-options","vehicles-passenger-cars","vehicles-all-vehicles","sticky"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/pr-pc\/49741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/pr-pc"}],"about":[{"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/types\/pr-pc"}],"version-history":[{"count":16,"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/pr-pc\/49741\/revisions"}],"predecessor-version":[{"id":49761,"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/pr-pc\/49741\/revisions\/49761"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/media\/1027"}],"wp:attachment":[{"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/media?parent=49741"}],"wp:term":[{"taxonomy":"priority-tags","embeddable":true,"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/priority-tags?post=49741"},{"taxonomy":"vehicles","embeddable":true,"href":"https:\/\/www.acea.auto\/wp-json\/wp\/v2\/vehicles?post=49741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}