EU new car sales up over 4% in June while EVs fall slightly 

Rise in registrations of battery electric cars in Belgium and Italy failed to offset double digit declines in Germany, the Netherlands and France, new data shows

Car registrations at Volkswagen, Stellantis, and Renault grew by 4.7%, 0.4% and 6.2% respectively. 

New car sales in the European Union rose 4.3% in June to their highest since July 2019, driven by an uptick in major markets Italy, Germany, and Spain, while registrations of battery electric cars fell marginally, data from Europe's auto industry body shows.

The European Automobile Manufacturers Association (ACEA) said a rise in registrations of battery electric cars in Belgium and Italy, of 50.4% and 117.4% respectively, failed to offset double digit declines in Germany, the Netherlands and France.

Top European carmakers are betting car sales will pick up over the year, despite cooling electric car demand after years of strong growth and warnings the global market will be tough.

Sales of battery electric and plug-in cars in June fell by 1% and 19.9% respectively compared to last year, while those of hybrid-electric cars grew 26.4%, the data showed.

In the first six months of the year, registrations of battery electric cars rose 1.3%.

EVs — whether fully electric, plug-in hybrids or full hybrids — sold in the EU accounted for 50% of all new passenger car registrations in June, up from 47.5% a year earlier.

Car registrations at Volkswagen, Stellantis, and Renault grew by 4.7%, 0.4% and 6.2% respectively. 

Reuters