revealed the market share of EVs last month stood at 15.1%, which represents a 4.4% year-on-year increase from 10.7% in the same month last year.
Meanwhile, diesel cars had a market share of 13.4%, down 4% from June 2022. Petrol cars continue to dominate the market in June 2023 with a 36.3% market share, followed by hybrid cars at 24.3%, while plug-in hybrids made up just 7.9%. In June 2023, new registrations of EVs in the European Union increased by 66.2% YoY to reach 158,252 units. As for petrol cars, sales increased 11% to hit 379,067 units in June 2023, and in terms of year-to-date figures, over two million units were sold in the EU in the first half of the year, a notable 15.9% increase compared to 2022.
On that mention, YTD market share for EVs up until June 2023 is currently at 12.9%, up 3% from what was recorded last year. Despite the decline in sales of diesel cars, they still make up 14.5% of the market.Originating from the corporate world with a background in finance and economics, Gerard’s strong love for cars led him to take the plunge into the automotive media industry. It was only then did he realise that there are more things to a car than just horsepower count.