Friday, 17th January 2025

Hybrid and Electric Cars Account for 48% of New Registrations in the EU

Hybrid and electric cars rival traditional engines across the EU

In 2023, 10.7 million new passenger cars were registered in the European Union. Of these, petrol-powered vehicles held the largest share at 34.5%, followed by non-plug-in petrol-electric hybrids (21.1%), battery-electric vehicles (14.5%), and diesel cars (14.3%).

After a decade of rapid growth in battery-electric vehicle registrations between 2013 and 2023, the combined share of all hybrid and battery-electric cars in 2023 matched the share of petrol and diesel vehicles, at 48.3% compared to 48.8%.

In nine EU countries, the share of hybrid and electric cars in new registrations surpassed 50% in 2023. The highest shares were recorded in Finland (78%, with 44% hybrids and 34% electric), Sweden (69%, with 30% hybrids and 39% electric), and the Netherlands (68%, with 37% hybrids and 31% electric).

By contrast, Bulgaria recorded the lowest share at 7%, followed by Czechia (20%) and Croatia (28%).

Global Electric Vehicle Sales Reach New Record

The global electric vehicle (EV) market surged by 25% in 2024, setting a new sales record as 17.1 million...

USB-C Becomes the Standard Charger for Mobile Devices Across Europe

Under new regulations, all small and medium-sized portable electronic devices sold in the EU must be compatible with USB-C...

The Backbone of Modern Business

In today’s fast-paced, interconnected world, businesses are only as strong as the technology supporting them. IT infrastructure is no...

Kostal Invests €50 Million in North Macedonia to Drive EV Innovation

German engineering leader Kostal has announced the third phase of its expansion in North Macedonia, investing an additional €45-€50...

Ericsson Nikola Tesla Celebrates 75 Years of Business and Unveils New Visual Identity

Marking a milestone in its technological evolution, Ericsson Nikola Tesla celebrated 75 years of successful operations yesterday, using the...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities