Description
The Hybrid & Electric Cars Market Report – Europe is now also available in parts (e.g. individual country profiles or all manufacturer profiles). Please feel free to contact us and we will immediately send you an offer for your specific selection.
Electric motor, hybrid, or hydrogen? A revolutionary transition stirs the world of transportation: Car manufacturers, suppliers and new challengers are competing for the electric, carbon-neutral, and fully interconnected mobility of the future. Established industrial locations with millions of workers now have to reinvent themselves. However, electrification is not only rapidly changing the automotive industry. Innovative technologies and new business models are transcending old industry boundaries: Telecom companies have become interested in car sharing, supermarkets are competing with gas stations by offering charging stations, cars as electricity storage units and vehicle-to-grid systems are promoting renewable energy, chemical companies are supporting lightweight construction, and major Internet companies are working on autonomous driving.
The market research company Ceresana has examined the rapidly growing European market for electrically powered passenger cars, i.e. battery electric vehicles (BEV) and plug-in hybrid vehicles (PHEV).
Electrification of the Automotive Industry
The transformation of the automotive industry has enormous economic effects. There are currently over 357 million passenger cars on the road in Europe, 37% of which are located in Eastern Europe including Russia and Turkey. Cars with gasoline or diesel engines (ICE) still predominate, however, electromobility is being massively promoted in many countries and thus breaks record after record.
Contrary to the general trend, electrically powered vehicles achieved a breakthrough last year: While the number of new registrations across Europe fell by almost 21% compared to 2019 in the wake of the Corona crisis, sales of electric cars increased massively. PHEVs and BEVs now already account for 12.4% of new registrations in Western Europe. The European car manufacturers Volkswagen, BMW, Daimler, and Renault were able to catch up significantly with Tesla and Asian manufacturers such as BYD.
Almost all European countries promote the purchase of low-emission vehicles with financial and legal incentives. Even comparatively poor countries, such as Romania, Greece, or Slovakia, provide generous grants and loans for the purchase of environmentally friendly electric cars. At the same time, CO2 emissions from internal combustion engines are increasingly subject to levies in the form of vehicle taxes, tolls, parking fees, and insurance charges. The production of battery systems as well as the charging infrastructure is being massively expanded. The key drivers of electromobility are the stipulations of the European Union, which is constantly tightening the limits for greenhouse gas emissions as part of its “Green Deal”.
CleanTech Conquers the Green Future
The analysts at Ceresana expect new registrations of electrically powered vehicles (PHEV & BEV) across Europe to increase to over 8.7 million p.a. by 2030. For BEVs, this means an average increase of 25% per year, while PHEVs are expected to grow by 11.7%. With increases of around 33.8% for BEVs and 29.2% for PHEVs, the Eastern European countries will achieve the highest growth rates – albeit starting from a comparatively low level.
Other drive technologies, i.e. primarily cars with conventional internal combustion engines, are expected to decline by a total of 3.4% p.a. across Europe. According to Ceresana’s prediction, there will be nearly 34 million BEVs and 13.8 million PHEVs on European roads in 2030. In Western Europe, this will increase the share of electric cars in the total passenger car stock from around 1% in 2020 to an expected 20% in 2030.
This latest study by Ceresana also considers the specific situation in the various European countries:
- social and economic trends such as income development, mileage, demographic change, urbanization, interest in recycling and circular economy, awareness for environmental protection and sustainability,
- expansion of the product portfolio and adaptation of the production capacity of electric cars to consumer demands: from compact to mid-size cars to luxury and sports cars,
- expansion of the charging infrastructure and implementation of political and legal requirements, government subsidies, incentive programs and CO2 limits in order to achieve climate protection targets,
- technology and efficiency improvements in powertrains to reduce emissions,
- changes in innovation and market cycles.
The Study in Brief:
Chapter 1 provides an overview of the European market (Western and Eastern Europe) for passenger cars, including forecasts up to the year 2030. Clear tables and figures provide data on new registrations, stock, and production of passenger cars. In addition to the overall market, the figures for battery electric vehicles (BEV), plug-in hybrid vehicles (PHEV), and other passenger cars (aggregate of all other drive technologies) are also presented individually.
Chapter 2 examines the automotive markets of the various European countries in depth. The development of total passenger car sales is examined first, followed by individual new registrations of PHEVs and BEVs. The study presents detailed information for the following countries: Austria, Belgium, the Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Spain, Sweden, Switzerland, and the United Kingdom.
1 Market Data
1.1 Europe
1.1.1 New Registrations
1.1.2 Drive Technologies
1.1.2.1 PHEV
1.1.2.2 BEV
1.1.3 Stock
1.1.3.1 PHEV
1.1.3.2 BEV
2 Market Data: Countries
2.1 Europe
2.1.1 Austria
2.1.2 Belgium
2.1.3 Czechia
2.1.4 Denmark
2.1.5 Finland
2.1.6 France
2.1.6.1 New Registrations and Stock
2.1.6.2 Production
2.1.7 Germany
2.1.7.1 New Registrations and Stock
2.1.7.2 Production
2.1.8 Hungary
2.1.9 Ireland
2.1.10 Italy
2.1.10.1 New Registrations and Stock
2.1.10.2 Production
2.1.11 Norway
2.1.12 Poland
2.1.13 Portugal
2.1.14 Romania
2.1.15 Slovakia
2.1.16 Spain
2.1.16.1 New Registrations and Stock
2.1.16.2 Production
2.1.17 Sweden
2.1.18 Switzerland
2.1.19 The Netherlands
2.1.20 United Kingdom
2.1.20.1 New Registrations and Stock
2.1.20.2 Production
2.1.21 Rest of Europe
Graph 1: New registrations of PHEV and BEV in Europe from 2018 to 2030
Graph 2: New registrations of passenger cars in Europe from 2018 to 2030 – split by fuel types
Graph 3: European stock of PHEV and BEV from 2018 to 2030
Graph 4: New registrations of PHEV and BEV in Austria from 2018 to 2030
Graph 5: New registrations of PHEV and BEV in Belgium from 2018 to 2030
Graph 6: New registrations of PHEV and BEV in Czechia from 2018 to 2030
Graph 7: New registrations of PHEV and BEV in Denmark from 2018 to 2030
Graph 8: New registrations of PHEV and BEV in Finland from 2018 to 2030
Graph 9: New registrations of PHEV and BEV in France from 2018 to 2030
Graph 10: Production of PHEV and BEV in France from 2018 to 2030
Graph 11: New registrations of PHEV and BEV in Germany from 2018 to 2030
Graph 12: Production of PHEV and BEV in Germany from 2018 to 2030
Graph 13: New registrations of PHEV and BEV in Hungary from 2018 to 2030
Graph 14: New registrations of PHEV and BEV in Ireland from 2018 to 2030
Graph 15: New registrations of PHEV and BEV in Italy from 2018 to 2030
Graph 16: Production of PHEV and BEV in Italy from 2018 to 2030
Graph 17: New registrations of PHEV and BEV in Norway from 2018 to 2030
Graph 18: New registrations of PHEV and BEV in Poland from 2018 to 2030
Graph 19: New registrations of PHEV and BEV in Portugal from 2018 to 2030
Graph 20: New registrations of PHEV and BEV in Romania from 2018 to 2030
Graph 21: New registrations of PHEV and BEV in Slovakia from 2018 to 2030
Graph 22: New registrations of PHEV and BEV in Spain from 2018 to 2030
Graph 23: Production of PHEV and BEV in Spain from 2018 to 2030
Graph 24: New registrations of PHEV and BEV in Sweden from 2018 to 2030
Graph 25: New registrations of PHEV and BEV in Switzerland from 2018 to 2030
Graph 26: New registrations of PHEV and BEV in the Netherlands from 2018 to 2030
Graph 27: New registrations of PHEV and BEV in the United Kingdom from 2018 to 2030
Graph 28: Production of PHEV and BEV in the United Kingdom from 2018 to 2030
Graph 29: New registrations of PHEV and BEV in the remaining countries of Europe from 2018 to 2030
Table 1: New registrations of PHEV and BEV in Europe from 2018 to 2030 – split by countries
Table 2: New registrations of passenger cars in Europe from 2018 to 2030 – split by fuel types
Table 3: Production of PHEV and BEV in Europe from 2018 to 2030 – split by countries
Table 4: New registrations of PHEV in Europe from 2018 to 2030 – split by countries
Table 5: New registrations of BEV in Europe from 2018 to 2030 – split by countries
Table 6: European stock of passenger cars from 2018 to 2030 – split by fuel types
Table 7: European stock of PHEV and BEV from 2018 to 2030 – split by countries
Table 8: European stock of PHEV from 2018 to 2030 – split by countries
Table 9: European stock of BEV from 2018 to 2030 – split by countries
Table 10: New registrations of passenger cars in Austria from 2018 to 2030 – split by fuel types
Table 11: Austrian stock of passenger cars from 2018 to 2030 – split by fuel types
Table 12: New registrations of passenger cars in Belgium from 2018 to 2030 – split by fuel types
Table 13: Belgian stock of passenger cars from 2018 to 2030 – split by fuel types
Table 14: New registrations of passenger cars in Czechia from 2018 to 2030 – split by fuel types
Table 15: Czech stock of passenger cars from 2018 to 2030 – split by fuel types
Table 16: New registrations of passenger cars in Denmark from 2018 to 2030 – split by fuel types
Table 17: Danish stock of passenger cars from 2018 to 2030 – split by fuel types
Table 18: New registrations of passenger cars in Finland from 2018 to 2030 – split by fuel types
Table 19: Finnish stock of passenger cars from 2018 to 2030 – split by fuel types
Table 20: New registrations of passenger cars in France from 2018 to 2030 – split by fuel types
Table 21: French stock of passenger cars from 2018 to 2030 – split by fuel types
Table 22: Production of passenger cars in France from 2018 to 2030 – split by fuel types
Table 23: New registrations of passenger cars in Germany from 2018 to 2030 – split by fuel types
Table 24: German stock of passenger cars from 2018 to 2030 – split by fuel types
Table 25: Production of passenger cars in Germany from 2018 to 2030 – split by fuel types
Table 26: New registrations of passenger cars in Hungary from 2018 to 2030 – split by fuel types
Table 27: Hungarian stock of passenger cars from 2018 to 2030 – split by fuel types
Table 28: New registrations of passenger cars in Ireland from 2018 to 2030 – split by fuel types
Table 29: Irish stock of passenger cars from 2018 to 2030 – split by fuel types
Table 30: New registrations of passenger cars in Italy from 2018 to 2030 – split by fuel types
Table 31: Italian stock of passenger cars from 2018 to 2030 – split by fuel types
Table 32: Production of passenger cars in Italy from 2018 to 2030 – split by fuel types
Table 33: New registrations of passenger cars in Norway from 2018 to 2030 – split by fuel types
Table 34: Norwegian stock of passenger cars from 2018 to 2030 – split by fuel types
Table 35: New registrations of passenger cars in Poland from 2018 to 2030 – split by fuel types
Table 36: Polish stock of passenger cars from 2018 to 2030 – split by fuel types
Table 37: New registrations of passenger cars in Portugal from 2018 to 2030 – split by fuel types
Table 38: Portuguese stock of passenger cars from 2018 to 2030 – split by fuel types
Table 39: New registrations of passenger cars in Romania from 2018 to 2030 – split by fuel types
Table 40: Romanian stock of passenger cars from 2018 to 2030 – split by fuel types
Table 41: New registrations of passenger cars in Slovakia from 2018 to 2030 – split by fuel types
Table 42: Slovakian stock of passenger cars from 2018 to 2030 – split by fuel types
Table 43: New registrations of passenger cars in Spain from 2018 to 2030 – split by fuel types
Table 44: Spanish stock of passenger cars from 2018 to 2030 – split by fuel types
Table 45: Production of passenger cars in Spain from 2018 to 2030 – split by fuel types
Table 46: New registrations of passenger cars in Sweden from 2018 to 2030 – split by fuel types
Table 47: Swedish stock of passenger cars from 2018 to 2030 – split by fuel types
Table 48: New registrations of passenger cars in Switzerland from 2018 to 2030 – split by fuel types
Table 49: Swiss stock of passenger cars from 2018 to 2030 – split by fuel types
Table 50: New registrations of passenger cars in the Netherlands from 2018 to 2030 – split by fuel types
Table 51: Dutch stock of passenger cars from 2018 to 2030 – split by fuel types
Table 52: New registrations of passenger cars in the United Kingdom from 2018 to 2030 – split by fuel types
Table 53: British stock of passenger cars from 2018 to 2030 – split by fuel types
Table 54: Production of passenger cars in the United Kingdom from 2018 to 2030 – split by fuel types
Table 55: New registrations of passenger cars in the remaining countries of Europe from 2018 to 2030 – split by fuel types
Table 56: Stock of passenger cars in the remaining countries of Europe from 2018 to 2030 – split by fuel types
