EU car registrations: EV surge slows down

Tony Verhelle

February 22, 2024

Compared to a weak January 2023, the EU car market progresses, but in general, the market forecast is not rosy, surely not for electrified vehicles /ACEA

According to the data of the European Car Manufacturers Association ACEA, the EU new car market in January 2024 rebounded from the slowdown experienced in December 2023, with year-on-year car registrations increasing by 12.1% to 851,690 units. Notably, the bloc’s major markets all saw significa
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