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Germany Leads Europe’s Market for Electrified Vehicles
Germany has become Europe’s biggest market for hybrids and all-electric vehicles, outselling Norway for the first time.
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Germany has become Europe’s biggest market for hybrids and all-electric vehicles, outselling Norway for the first time.
Demand for such vehicles in Germany jumped 70% to 17,600 units in January-March, according to trade group ACEA. Sales in Norway for the period rose 20% to 16,200 vehicles.
The U.K. ranked third in the first quarter, posting an 11% gain to 14,200 hybrids and battery-electric vehicles. France, where sales advanced 17% to 10,900 units, was fourth.
Hefty government incentives enabled Norway to establish a significant EV sales lead over other European markets. Electrified vehicles captured 40% of the country’s new-car market in 2016 and 52% last year, according to the Norwegian Road Federation.
Electrified vehicles account for less than 2% of the overall European market. But volumes are expanding sharply. Deliveries surged 41% to nearly 70,000 units in the first quarter. In the same period, purchases of diesel passenger vehicles dropped 17% to 1.6 million units.
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