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Home»Explore industries/sectors»Automobile»Electrified cars drive Europe auto sales growth as Chinese brands gain ground
Automobile

Electrified cars drive Europe auto sales growth as Chinese brands gain ground

By IslaJuly 23, 20261 Min Read
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July 23 (Reuters) – Demand for electrified cars continued to underpin growth in ‌Europe’s auto market in June, ‌offsetting a sharp decline in petrol and diesel ​sales, data from the European Automobile Manufacturers’ Association (ACEA) showed on Thursday.

Growth in car registrations, a proxy for sales, also ‌helped Chinese brands ⁠expand their footprint further across the European Union, Britain and ⁠the European Free Trade Association.

• Total car registrations rose 13.1% to 1,407,332 vehicles

• ​Battery-electric, plug-in ​hybrid and ​hybrid car registrations climbed ‌51%, 22.7% and 17.1%, respectively, together accounting for more than 80% of all new vehicles

• Petrol and diesel car registrations fell 12.2% and 16.9% respectively

• ‌Chinese automakers BYD, Chery ​and Leapmotor sold between ​almost three ​and six times more than ‌last year, SAIC and ​Geely sales ​rose more than 50% and 11% respectively

• Registrations at Renault , Stellantis and ​Volkswagen ‌rose between 3.6% and 7.3%

(Reporting by ​Mathias de Rozario in Gdansk; Editing ​by Matt Scuffham)



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