EVs push to 6,8% market share led by France and Germany
Sales of fully electric cars across the European Union have risen by 94% in 2019, but they continue to do so in 2020, reaching a 6,8% market share. However, the progression of plug-in hybrids is the biggest with +161,7% during the first quarter. That is especially true in France and Germany where incentives push for green cars. Belgium is trailing behind.
A few years ago, experts were wondering when the electric car revolution would start if it ever took place. Today, it seems to be happening as fully electric cars but also PHEV and hybrids have a spring in their steps. That being said, not everyone is in the same boat in the European Union.
EVs increase, PHEVs boom
In 2019, there were 290 923 electric cars sold in the European Union, compared to 150 149 the previous year, which represents a 94% progression. In 2020, the curve is still going up. EVs have now reached a 6,8% market share compared to 2,5% one year earlier. However, the progression of PHEVs is more important. Their sales increased by 161,7% in the first quarter of 2020.
That progression is led by countries like France and Germany where incentives have been put in place to push for green car purchases. The French government offers a 7 000 euros conversion bonus and an additional 5 000 euros if the cars date from before 2006.
In Germany, motorists receive 9 000 euros to purchase a fully electric car costing under 40 000 euros or 6 750 euros for a plug-in hybrid. Results: sales of PHEVs in the country have boomed by 257,9% compared to 2019.
Norway and Belgium not on the same boat
All in all, 42% of all-electric cars sold in the European Union go to one country: Norway. To reach its goal of 100% zero-emission cars by 2025, the country has introduced a series of incentives from purchasing bonuses, free charging, free parking, and no road taxes. In the first quarter of 2020, Norway registered two times more EVs than Belgium for a population half as big.
Compared to its European sister countries, Belgium sits at the back of the classroom. And things aren’t about to change soon as none of the three Regions seems to show interest in introducing incentives.
This is why EVs only represent a 5,8% share in the first quarter. Plug-in hybrids sales are in a better shape thanks to the fleet market, which accounts for 87,4% of them, according to the Belgian car federation, Febiac.