EU Car Sales Jump 10.1% in February 2024; Electric Cars Continue to Gain Ground

Thursday, 21 March 2024, 06:52

The latest data shows a significant increase of 10.1% in new car registrations in the EU for February 2024, with electric vehicles holding steady at a 12% market share. Despite the rise in overall sales, petrol-powered cars remain the top choice among buyers, closely followed by hybrid-electric models. Notably, diesel sales experienced a decline in several key markets, with Germany being the exception.
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EU Car Sales Jump 10.1% in February 2024; Electric Cars Continue to Gain Ground

EU Car Sales Surge in February 2024

The recent report on new car registrations in the EU for February 2024 revealed a notable increase, indicating a growing demand for automobiles in the region.

Key Points:

  • 10.1% Jump: New car sales saw a surge of 10.1% compared to the previous period.
  • Electric Vehicles: Battery-electric cars maintained a stable 12% market share, reflecting a positive trend towards sustainable transportation.
  • Popular Choices: Petrol cars continued to be the preferred option for consumers, with hybrid-electric models also gaining popularity.
  • Diesel Decline: Diesel sales witnessed a decrease in major markets, with Germany being the only exception to this trend.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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