The new passenger car market in the European Union continued to grow in June. Registrations of new vehicles increased by 13.6 percent year-on-year, with interest in fully electric cars and hybrid models rising most sharply. teraz.sk ↗
According to available data, hybrid vehicles and electric cars are thus increasingly shaping the structure of sales in the EU. This development comes at a time when several automakers are facing sales difficulties in other markets, while the European new vehicle market is showing a more favorable trend. SITA ↗
Large automotive groups, including Volkswagen and Mercedes-Benz, are also benefiting from the growth in sales in the Union. Available information also indicates that Chinese manufacturers are strengthening their position on the European market, recording further growth. hnonline.sk ↗
The data suggest that demand for electrified vehicles remains an important factor in the development of the EU automotive market. Further developments will depend on the pace of registrations in the coming months, on manufacturers' supply, and on how traditional European brands cope with growing competition in the electric and hybrid car segment. Der Standard ↗
Hybrids and electric vehicles gain ground in the EU new car market
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