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Electrified cars hit almost a fifth of EU Q3 vehicle sales -Breaking

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© Reuters. FILE PHOTO : An elderly woman uses a cable to power a Renault Kangoo ZE electrical utility vehicle in Cagnes Sur-Mer (France), October 22, 2020. REUTERS/Eric Gaillard/File Photograph

Nick Carey

LONDON (Reuters – Nearly one-fifth of the vehicles sold in Europe in the Third Quarter was an electrified vehicle, as the sales numbers released Friday by a trade group showed that they outsold fossil-fuel-powered cars while their sales continued to climb.

European Automobile Makers’ Association or ACEA represents European bus, truck, van, car and vehicle manufacturers. It stated that sales of battery-electric and hybrid vehicles in the European Union accounted for just 19%.

The sales of battery electric vehicles jumped almost 57%, to over 212,000 units. Meanwhile, plug-in hybrids saw a 43% increase to nearly 197,000 units.

The pace of growth is much slower than that in 2020, which saw sales triple from a low baseline.

It is still a significant drop of 35% in petrol car sales, which are still the largest sellers accounting for almost 40% of total sales. There was also a drop of more than 50% for diesel cars.

In the last ten years, more than half of EU car sales were made by diesel engines. However, they accounted only for 18% in the third quarter.

In addition to meeting stringent EU emissions targets, consumers and car manufacturers have also benefited from subsidies by the government for electric cars.

As part of an overall package of global warming mitigation measures, the European Commission also suggested a ban on fossil fuel vehicles starting in 2035.

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