EV market surges in early 2025

Green Forum
Battery-electric vehicles (BEVs) accounted for 15.2% of the EU market share as of February 2025, marking a significant rise from 11.5% in the same period of 2024, according to The European Automobile Manufacturers' Association.

Hybrid-electric vehicles continued their strong momentum, capturing 35.2% of the market and solidifying their position as the preferred choice among EU consumers. Meanwhile, the combined market share of petrol and diesel vehicles declined to 38.8%, down from 48.5% a year earlier.

In the first two months of 2025, BEV sales surged by 28.4%, reaching 255,489 units and reinforcing their growing market presence. Three of the EU's four largest markets—Germany (+41%), Belgium (+38%), and the Netherlands (+25%)—accounted for 64% of all BEV registrations, each posting robust double-digit growth. In contrast, France recorded a slight decline of 1.3%.

Hybrid-electric vehicle registrations climbed 18.7% year-to-date, with strong performances in the EU's largest markets: France (+51.4%), Spain (+31.5%), Italy (+10.4%), and Germany (+9.8%). This growth brought total hybrid registrations to 594,059 units, representing 35.2% of the market share.

Plug-in hybrid electric vehicle (PHEV) registrations fell by 5% in the January-February 2025 period, totaling 124,947 units. The decline was driven by sharp contractions in key markets such as Belgium (-65.3%) and France (-49.3%), reducing PHEVs to a 7.4% share of total EU registrations. Meanwhile, year-over-year figures for February 2025 highlighted a 23.7% increase in BEV sales and a 19% rise in hybrid-electric sales, while PHEV registrations saw a marginal decline of 1.4%.

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