In February only 1 in 10 sales has been of an electrified vehicle

The second month closed with an increase of 33%, with 9,072 sales, representing only 10.3% of the market

In the first two months, the electrified market adds a total of 17,141 units, 40% more than the previous year

Alternative vehicles are established as the first purchase option for users, with 33,877 units

Madrid, March 1, 2023.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles, and buses) registered an increase of 33% in February, with a total of 9,072 units. In the month, it only accounts for one in ten vehicle sales of the total. During the first two months, the sales share remained at 10.44%, far from the European average, with a total of 17,141 units, 40% more than the same period of the previous year.

Regarding the registrations of zero and low emission vehicles (electrified, hybrid and gas), they increased by 32.9% in the month, with 33,877 units sold. Sales of this type of vehicle are established as the first purchase option in the month, with a market share of 38.64%. Regarding the accumulated figures for the first two months, it increased by 43.3%, with a total of 64,968 vehicles sold.

ELECTRIC VEHICLES – Zero Label

Sales of pure electric vehicles increased by 48.3% in February, with 4,239 registered units. It represents 4.83% of the market share in the month. In the year as a whole, sales of these vehicles totaled 8,194 units, 62.4% more than in the same period of the previous year. The cumulative share of the year is 4.99%

PLUG-IN HYBRID VEHICLES – Zero Label

Sales of plug-in hybrid vehicles grew by 21.6% during January and reached 4,833 registered units this month. It represents 5.51% of the market share for the month. In the year as a whole, sales of these vehicles totaled 8,947 units, 24.4% more than in the same period of the previous year. The cumulative quota for the year is 5.45%.

HYBRID VEHICLES – ECO Label

Sales of non-plug-in hybrid vehicles increased by 31.1% during February, reaching 22,899 registered units this month. It represents 26.12% of the market share in February. In the accumulated year, sales of these vehicles accumulated 43,944 units, 42.6% more than in the same period of the previous year. The share of the total for the year is 26.77%.

GAS VEHICLES – ECO Label

Sales of gas vehicles grew 60.8% in February with 1,906 registered units representing 2.17% of the market share in the month. In the year as a whole, sales of these vehicles accumulated 3,882 units, 70.1% more than in the same period of the previous year. The cumulative quota for the year is 2.36%.

TOURISM MARKET

The registrations of electrified, hybrid and gas CARS increased their sales in February by 32.3% compared to the same month of the previous year, up to 32,467 units delivered, which with 43.87% of sales remain the first option shopping.

Regarding the electrified passenger car market, in February its sales increased by 28.3%, with 8,110 units sold. Battery electric vehicles (BEV) grew by 38.2% to 3,297 units in the month, as did plug-in hybrids (PHEV) with an increase in registrations of 22.3% to 4,813 units. Regarding the total market in the month, electrified passenger cars accounted for 10.96% of sales.

Sales of electrified passenger cars maintain a positive pace and increase again compared to the previous year, but still at a slow pace and in low volumes. At the current rate with close to 8,000 units sold per month, only 96,000 units would be reached at the end of the year, when the objective to meet the emission reduction requirements is set at 190,000 units for this 2023.

STATEMENTS

José López-Tafall, general director of ANFAC indicated that “the trend in the electricity market is growing, but not at the necessary rate. This second month of the year, close to 8,000 units were registered, repeating the same rhythm as the same month before, with barely 11% of the total market. At the current rate of registrations, reaching the target set this year of 190,000 units and necessary to meet the required decarbonization targets will not be met again. From the sector, it has already been remarked that without forceful measures that promote electrification we will remain in the environment of 96,000 units, very far from the required objectives and we will remain in the group of “slow” electrification in Europe. The brands are already putting the offer on the market, now more than ever is the time, as we claim in the roadmap, to establish tools that make aid easier and more accessible for citizens, speed up the implementation march of public access recharging points and establish a tax system that serves as a stimulus. Only in this way, electrification can be a reality in Spain.”

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