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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

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More than a fifth of cars sold in EU in August were full EVs – ACEA

A staff member poses with a charging plug for an e-Golf electric car, outside the new production lin... A staff member poses with a charging plug for an e-Golf electric car, outside the new production line of the Transparent Factory of German carmaker Volkswagen in Dresden, Germany March 30, 2017. REUTERS/Fabrizio Bensch
A staff member poses with a charging plug for an e-Golf electric car, outside the new production lin... A staff member poses with a charging plug for an e-Golf electric car, outside the new production line of the Transparent Factory of German carmaker Volkswagen in Dresden, Germany March 30, 2017. REUTERS/Fabrizio Bensch

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According to figures from the European Automobile Manufacturers Association (ACEA), nearly one in every five new cars sold in the European Union in August were entirely electric, with sales of zero-emission versions more than doubling.

According to the ACEA, fully electric models accounted for 21% of EU sales in August, the first time for more than one-fifth of total sales.

Nearly 1 million fully-electric automobiles were sold in the EU during the first eight months of 2023.
Overall, EU car sales increased by 21% in August, a slower month for car sales, marking the thirteenth consecutive month of sales gain as the auto industry recovers from pandemic-related supply chain difficulties.

Fully electric vehicle sales more than doubled to 165,165 monthly units beginning in August 2022.

In August, internal combustion engines accounted for fewer than half of all sales. Plug-in hybrids, which have both an engine and a rechargeable battery, accounted for 7.4% of sales, while full hybrids, which include a larger battery that is charged by the engine rather than a plug, accounted for 23.9%.

Diesel vehicles accounted for only 12.5% of total sales. As recently as 2015, diesel vehicles accounted for more than half of all new car sales.

Volkswagen (VOWG_p.DE), Europe’s top auto seller, increased sales by 21.2% in August, according to the ACEA. Stellantis (STLAM.MI) and Renault (RENA.PA) both saw 6.4% and 22.3% increases in sales, respectively.


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