Alternative fuel vehicle registrations: +37.6% in first quarter of 2017
Brussels, 4 May 2017 – In the first quarter of 2017, demand for alternative fuel vehicles in the EU grew significantly (+37.6%) to 212,945 units, following a moderate increase at the end of 2016.
In the first quarter of 2017, demand for alternative fuel vehicles (AFV) in the EU grew significantly (+37.6%) to 212,945 units, following a moderate increase at the end of 2016. Registrations of electrically chargeable vehicles (ECV) showed double-digit gains (+29.9%), which were supported by growth in demand for both battery (+49.0%) and plug-in electric cars (+13.0%). Total ECV registrations rose from 36,322 units in Q1 2016 to 47,196 units in Q1 2017. Demand for new hybrid vehicles (HEV) also grew considerably (+61.2%), counting 111,006 units in the first three months of the year. After performing poorly in 2016, registrations of new cars powered by propane or natural gas started 2017 with a boost (+10.4%), totalling 54,743 units.
All the major EU markets made a significant contribution to Europe’s positive results. Spain saw the largest increase in AFV registrations over the last quarter (+87.4%), followed by Germany (+67.5%), the United Kingdom (+29.9%), France (+24.8%) and Italy (+17.2%). Growth in most of these countries was fully driven by the electric and hybrid-electric segments; especially in the UK, Germany and France, which accounted for the largest numbers of new electrically chargeable cars. The Italian market’s positive performance, on the other hand, was mainly the result of recovering demand for LPG-fuelled cars, which still represent more than half of total AFV registrations in Italy.
- The European Automobile Manufacturers’ Association (ACEA) represents the 15 major Europe-based car, van, truck and bus makers: BMW Group, CNH Industrial, DAF Trucks, Daimler, Ferrari, Ford of Europe, Honda Motor Europe, Hyundai Motor Europe, Jaguar Land Rover, Renault Group, Stellantis, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
- Visit www.acea.auto for more information about ACEA, and follow us on www.twitter.com/ACEA_auto or www.linkedin.com/company/ACEA/.
- Contact: Francesca Piazza, Statistics Manager, email@example.com.
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About the EU automobile industry
- 14.6 million Europeans work in the auto industry (directly and indirectly), accounting for 6.7% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.7 million – are in the automotive sector.
- Motor vehicles are responsible for €398.4 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €74 billion for the EU.
- The turnover generated by the auto industry represents more than 8% of the EU’s GDP.
- Investing €62 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 33% of total EU spending.