Alternative fuel vehicle registrations: +51.2% in third quarter of 2017
Brussels, 8 November 2017 – In the third quarter of 2017, registrations of alternative fuel vehicles (AFVs) in the European Union continued to show strong growth, with demand increasing by 51.2% compared to last year. 208,228 alternatively-powered cars were registered over this period, accounting for 6.1% of total passenger car sales. Electrically-chargeable vehicles (ECVs) made up for 1.6% of all cars sold across the EU during the third quarter of the year.
Growth was largely sustained across all segments: registrations of battery, hybrid and plug-in electric cars accounted for the highest percentage gains, going up by 61.6%, 59.3% and 53.6% respectively. Demand for new LPG-fuelled cars increased by 38.1% compared to the same period last year, and registrations of cars powered by natural gas were 12.9% higher.
Each of the five big markets posted double-digit increases, making a significant contribution to the region’s positive performance. Registrations almost doubled in Spain and Germany, increasing by 90.7% and 82.7% compared to one year ago – followed by the United Kingdom (+48.2%), France (+47.9%) and Italy (+33.3%). Germany and the UK accounted for the largest numbers of new electrically-chargeable cars registered in the EU.
These percentage increases are impressive, but mainly because they are coming from a low base. When looking at the relative numbers, the market share of alternative fuel vehicles remains small. Only one in 60 cars sold during the third quarter of 2017 was an electrically-chargeable one, while all alternative technologies combined – including hybrid, fuel cell, ethanol (E85), LPG and natural gas vehicles – accounted for one in 16 new passenger cars registered in the EU.
- 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.