Green Forum • 19 December, 2024 at 8:43 AM
In November 2024, new EU car registrations fell by 1.9%. France led the way with a sharp 12.7% decline, followed by Italy (-10.8%), while the German market stagnated slightly ( 0.5%). Among the four most significant EU markets, only Spain recorded positive growth (6.4%).
Eleven months into 2024, new car registrations remained stable (+0.4%), reaching 9.7 million units. While the market in Spain performed positively (+5.1%), declines were witnessed in France (-3.7%), Germany (-0.4%), and Italy (-0.2%).
The battery-electric car market share for November 2024 fell to 15% from 16.3% last year, while volumes dropped by 9.5%.
Plug-in hybrid car registrations for November 2024 also declined by 8.8%. The market share for this type of vehicle reached 7.6% last month, a decrease of 0.6 percentage points compared to the same period last year.
Registrations of battery-electric cars declined by 9.5% to 130,757 units in November 2024. This drop was primarily driven by a significant decrease in registrations in Germany (-21.8%) and France (-24.4%). It resulted in a year-to-date market volume 5.4% lower than the same period last year, with the total market share now at 13.4%.
Plug-in hybrid car registrations fell by 8.8% last month, following significant declines in France (-19.6%), Belgium (-61.4%), and Italy (-31.4%). In November, plug-in hybrids accounted for 7.6% of the car market, down from 8.1% last year. Year-to-date volumes were also down, decreasing by 8% compared to the same period last year.
Hybrid-electric registrations increased by 18.5% in November, with market share rising to 33.2%, up from 27.5% last November, exceeding petrol car registrations for the third consecutive month.