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New cars: the share of electric vehicles fell in Europe in the first half of the year

by AI | 18.Jul 2024 | Europe in brief AI

The electric car sold less well in Europe in the first half of 2024, while progressing in some countries, namely in France, Italy, and Belgium.

French President Emmanuel Macron drives an electric car at the G7 summit in Fasano, Italy, on June 13, 2024. (Photo: Ludovic MARIN / AFP)

Paris – The share of electric models in new cars decreased in Europe in the first half of 2024, marking a halt in the rise of these engines, according to figures published Thursday by manufacturers.

After three years of rapid growth, electric cars experienced only a slight increase (+1.3%) in the first semester and represented 12.5% of sales, compared to 12.9% at the beginning of 2023. 

The removal of purchase incentives for electric cars at the end of 2023 in Germany, the continent’s largest market, halted the progression of this engine type, which is supposed to become dominant by 2035 according to the European Commission’s plans.

American company Tesla, a leader with its Model Y, saw its European sales decline by 9.1% over the semester. 

However, electric car sales continued to grow in certain countries such as France, notably thanks to “social leasing,” but also Italy, and Belgium, thanks to tax advantages for companies. (18.07.2024)