Newsletter Tesla red
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EV-a2zEV-a2z
Notification Show More
Aa
  • News
    • EV Type
      • BEV
      • HEV
      • PHEV
      • FCEV
    • System
      • EV
      • Battery
      • Charging Infra
    • Veh. Type
      • Bike
      • 3 Wheeler
      • Car
      • Bus
      • Truck
      • Aircraft
    • Country
      • United States
      • United Kingdom
      • Australia
      • India
      • China
      • Germany
      • Japan
      • Canada
    • Company
      • Tesla
      • BYD
      • General Motors
      • Ford
      • Toyota
      • Volkswagen
      • Hyundai
      • Stellantis
    • Energy
      • Solar Energy
      • Wind Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Search
© EV-a2z. All Rights Reserved.
Reading: Plug-in cars claim 25% of the European auto market in October 2023
Share
Aa
EV-a2zEV-a2z
Search
  • News
    • EV Type
    • System
    • Veh. Type
    • Country
    • Company
    • Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Follow US
EV-a2z > News > Plug-in cars claim 25% of the European auto market in October 2023
News

Plug-in cars claim 25% of the European auto market in October 2023

EV-a2zm
Last updated: 2024/04/04 at 9:32 PM
EV-a2zm Published December 1, 2023 5 Min Read
Share
5 Min Read
Audi A3 Sportback e-tron has a 1.4-litre turbocharged gasoline engine and a 75-kW electric motor with combined output of 204hp
Audi A3 Sportback e-tron has a 1.4-litre turbocharged gasoline engine and a 75-kW electric motor with combined output of 204hp
SHARE

Europe’s plug-in car sales surged by an astounding 24% year-on-year in October 2023, demonstrating customers’ growing interest in sustainable mobility. According to InsideEVs, this sales gain enabled plug-in cars to slightly beat the overall market growth last month with a market share of 25%.

Contents
Plug-in car sales Monthly YTDTesla Model Y leadsMonthly YTDTop brands – YTDTop auto groups – YTD 

Europe: Plug-In Cars Accounted For 25% Of The Market In October 2023 https://t.co/LVOHyG3CE4 pic.twitter.com/KPXYbWUGWs

— Flyin18T Motorsports (@Flyin18T) November 30, 2023

Plug-in car sales 

New plug-in car registrations in Europe totaled 260,324 units last month, according to EV Volumes data researcher Jose Pontes shared via CleanTechnica. This sales figure represents a 24% YoY increase, a significant lead over the overall market’s growth of just 14% YoY.

Without further ado, here is the monthly and year-to-date registration data on Europe’s plug-in cars.

Monthly 

 SalesMarket Share
BEVsabout *169,00016%
PHEVsabout *91,0009%
Total260,324 (up 24%)25%
*Estimated from the market share

YTD

SalesMarket Share
BEVsabout *1.65 million16%
PHEVsabout *0.82 million7%
Total2,494,470 (up 31%)23%
*Estimated from the market share

In hindsight, Europe registered over 2.6 million new passenger plug-in electric cars in FY 2022. It accounted for around 23% of the overall volume.

INSIDE EV'sによる推移。

台数ベースでは+24%の260,324台(うちBEVは約16.9万台)、一部市場では減速しつつも欧州全体では引き続きBEVを中心に成長中です📈

Europe: Plug-In Cars Accounted For 25% Of The Market In October 2023 https://t.co/YLThZLT4MF https://t.co/D1EPGvx5Ne pic.twitter.com/YtEGo669XC

— 🌸八重 さくら🌸 (@yaesakura2019) November 30, 2023

Tesla Model Y leads

As expected, the Tesla Model Y led the European monthly sales ranking with 11,583 registrations in October. Its sibling, the Tesla Model 3, landed fourth spot with sales of 7,149 units. 

Year to date, the American electric crossover defended its dominant position with sales of 220,310 units. Meanwhile, the Tesla Model 3 advanced to the second spot with 73,385 units. Below are the top 10 plug-in car models in terms of registration in Europe:

Monthly 

RankingsModelsSales
1Tesla Model Y11,583
2Skoda Enyaq iV8,463
3Audi Q4 e-tron7,764
4Tesla Model 37,149
5MG 46,951
6Dacia Spring6,150
7Volvo XC405,884 (5,150 BEVs + 734 PHEVs)
8BMW i45,311
9Volkswagen ID.45,193
10Fiat 500 electric5,081

YTD

RankingsModelsSales
1Tesla Model Y220,310
2Tesla Model 373,385
3Volkswagen ID.469,833
4Volvo XC4064,270 (42,450 BEVs + 21,820 PHEVs)
5Skoda Enyaq iV61,473
6MG 458,983
7Audi Q4 e-tron56,892
8Volkswagen ID.354,622
9Fiat 500 electric54,425
10Dacia Spring49,954

Top brands – YTD

Tesla’s unprecedented sales enabled it to maintain its lead against all brands from January to October period. The American electric automaker accounted for 12.1% of the plug-in car segment. 

German automakers BMW (8.2%), Volkswagen (8.2%), Mercedes-Benz (7.7%) and Audi (5.6%) completed the top five. Swedish brand Volvo tied with Audi for the fifth spot with a share of 5.6.

RankingsBrandsShare
1Tesla12.1%
2BMW8.2%
3Volkswagen8.2%
4Mercedes-Benz7.7%
5Audi5.6%
5Volvo5.6%

Top auto groups – YTD 

German legacy automaker Volkswagen Group dominated the automotive group’s rankings with a share of 20.6%. Of that total, the VW brand accounted for 8.2%. Multinational automaker Stellantis followed with a 13.9% share. Tesla ranked third with a share of 12.1%. 

RankingsAuto GroupShare
1Volkswagen Group20.6% share (Volkswagen brand at 8.2%)
2Stellantis13.9%
3Tesla12.1%
4BMW Group9.8% share (BMW brand at 8.2%)
5Hyundai Motor Group8.4%
6Mercedes-Benz Group8.3% (Mercedes-Benz brand at 7.7%)
7Geely–Volvo8.0%

Europre’s registration data for the month and YTD demonstrate Tesla’s strong presence in the market despite being a foreign brand. It shows European customers’ major preference for Tesla Model Y and 3 over other models from local brands. Moreover, the growth of the plug-in car segment also delivers a positive sign for the region’s shift to more sustainable mobility. The EU aims to ban new fossil fuel car sales by 2035 as it seeks to cut CO2 emissions from the transportation sector.

You Might Also Like

Hyundai reveals battery suppliers of its EV models amid fire concerns

Uber boss casts doubt on Tesla’s Robotaxi vision

Tesla secures direct sales license in Kentucky

CATL launches showroom of EV models powered by its batteries in China

Tesla Semi to hit European roads

TAGGED: Electric Vehicle, Europe, EV, PHEV, Tesla
EV-a2zm April 4, 2024 April 4, 2024
Share This Article
Facebook Twitter Flipboard Whatsapp Whatsapp LinkedIn Reddit Email Copy Link

Follow US

Find US on Social Medias
Facebook Linkedin Twitter

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Popular News
LIT Motors
News

Lit Motors reshapes urban mobility with self-balancing and fully enclosed electric motorcycle

EV-a2zm By EV-a2zm May 18, 2024
Rising demand for hybrid and EVs as the price of gas increases
Hyundai gears up for India’s biggest IPO: $3 billion target
Tesla Shanghai is back to pre-lockdown level capacity with 70% output
Researchers achieve battery breakthrough that suppresses fires and improves storage
- Advertisement -
Ad imageAd image

Tags

Australia (197) Autonomous Driving (110) Battery (805) BEV (71) BMW (105) BYD (319) Canada (74) CATL (84) Charging Infrastructures (360) China (749) Electric Truck (72) Electric Vehicle (4971) Elon Musk (324) Europe (466) EV (5090) EV Sales (169) Ford (180) Full Self-Driving (94) General Motors (118) Germany (134) Gigafactory (90) Honda (74) Hyundai (156) India (268) Japan (82) Kia (92) Lithium (74) Lithium-ion Battery (79) Mercedes Benz (83) NIO (101) Nissan (77) Renewable Energy (91) Rivian (76) Solar Power (99) Stellantis (117) Tesla (1564) Tesla Cybertruck (101) Tesla Model 3 (151) Tesla Model Y (178) Tesla Superchargers (90) Toyota (154) UK (150) USA (1518) Volkswagen (183) Volvo (76)

About Us

Your definitive guide to the electric vehicle and renewable energy transition, offering insights, news, and analysis on EVs and green energy trends.

Top Menu

  • News
  • Reviews
  • Listicle
  • EV Sales
  • FAQ

Resource

  • Policy/Standard/Regulation
  • Glossary
  • Books
  • Expo
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

EV-a2zEV-a2z
© EV-a2z. All Rights Reserved.
  • About EV-a2z
  • Terms
  • Privacy
  • Cookie Policy
  • Contact
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the ...
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?