Electric vehicles’ share of the new-car market in Europe fell dramatically in August, according to new data released by industry body the ACEA. A total of 643,637 new cars were registered across Europe last month, down by 18.3% compared with August 2023. Of these, 14.4% were electric, down from the 21% ratio recorded a year ago. Meanwhile, plug-in hybrid sales fell from 7.4% of the market down to 7.1%, and diesel dropped from a 12.4% share to 11.2%. Sales of pure-petrol increased from 32.
Vs were down by 0.5%, diesels dropped by 1.5% and petrol fell by 1.6%. The only powertrain to grow its market share between January-August 2023 and the end of the same period this year was the regular hybrid, which rose from 24.9% to 29.8%. The ACEA attributed the trend to the failure to meet several “crucial conditions”, such as the provision of affordable clean energy and raw materials.