In September 2020, for the first time in European history, registrations for electrified vehicles overtook diesel
2020 has been a turbulent year for the car market globally, and particularly in Europe. Although car registrations dropped by 29% during the first nine months of the year – to 8.54 million units –there are clear signs that Europe is all set for an electric revolution. In fact, according to JATO’s figures for September 2020, this revolution has already started.
JATO Dynamic’s data for 27 markets in Europe shows that the total number of electrified cars registered in September (encompassing pure electric, plug-in hybrids, full hybrids and mild hybrids) was higher than the number of registrations for diesel cars. For the first time in the modern era, alternative-fuelled-vehicles outsold one of the two internal combustion engine (ICE) types. This marks significant change – for just five years ago, diesel cars were a dominant player in Europe.Whilst overall the market posted a timid growth of a mere 1.2% in September, to almost 1.3 million passenger cars, the mix by fuel type signals big differences in growth rates.
Demand for gasoline and diesel cars shows double-digit drops compared to September 2019 while the volume of EVs increased by 139% to 327,800 units – a record in terms of both volume and market share. This is the first time that EVs have broken the 300,000 units monthly mark, and only the second time that they have counted for more than 20% of registrations.