According to MoneyTransfers.com, battery electric cars (BEV) now account for 10% of all Passenger car registrations in the European Union (EU) in Q2’22.
Speaking on the data, MoneyTransfer’s CEO Jonathan Merry said. “The transport industry is the primary source of EU greenhouse gas emissions, and one can’t achieve the EU’s climate neutrality goals without reducing transport-related emissions.”
He went on, “The new law (Fit for 55) proposes to reduce CO2 emissions from automobiles and vans by 55% and 50% by 2030. The law also proposes a 2035 deadline for eliminating emissions from vehicles and vans, and this could be the greatest motivation for adopting electric vehicles.”
The EU’s battery electric vehicles (BEVs) sales increased by 11.1% in the second quarter of 2022, totalling 233,413 vehicles. Spain and France, two of the region’s most important markets, saw BEV sales rise by double digits (+22.0% and +18.6%). Meanwhile, Italy recorded a 19.6% loss while Germany also reported a modest decline of -0.5 %.
Natural gas vehicle (NGV) registrations in the European Union fell by 62.9% during this period, with 4,983 units sold. Sales in Italy, which account for most of the region’s total sales volume, were the primary cause of the decline in sales.
On the other hand, the sales of LPG-powered cars increased by 7.9% to 64,152 units in the second quarter of the year. Spain (+57.6%), France (+21.9%), and Germany (+10.3%) are three of the four major markets in the European Union. Contrary to this, Italy reported a 5.1% decrease in the gross domestic product.
The full story and statistics can be found here: Electric Cars Now Account For 10% Of All Passenger Car Registrations in the EUQ2’222’22.
For all the latest automotive news, reports, and reviews, follow us on Twitter, like us on Facebook, subscribe to our YouTube page, and follow us on Instagram, which is updated daily.
Unlock the World’s Leading Source of Automotive News and Analysis.
Autoscommunity.com provides innovative marketing and advertising solutions to support an advertiser’s specific campaign objectives. Customised programs leverage the best of Autoscommunity.com. Contact our sales team today and see what our team can do for your custom advertising solutions.
Please include a contact number if you want to speak to our sales team. You can also get in touch in the following ways:
Protecting electric vehicle (EV) batteries from thermal runaway and fire is an important topic. Safety…
Hyundai will bring its most prominent team to the Nürburgring Nordschleife to contest this year's…
Classic car owners must consider many things before storing their vehicles. Our guide explains the…
Car owners are being told of nifty hacks to remove unwanted scratch marks from their…
The small SUV Volvo EX30 has been awarded the prestigious Red Dot award for Best…
Motorists are being urged to prepare for changes to parking laws that could result in…