Sales of electrified vehicles grow 40% in May

In May, 11,146 registrations of electrified vehicles were registered, representing barely 10% of the total market

At the current rate, with 43,633 sales of electrified passenger cars in the first five months, Spain is far from reaching the electrified market target for 2023

Zero and low emission vehicles are positioned as the first purchase option with 38.5% of the market in the month

Madrid, June 1, 2023.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles, and buses) increased by 39.5% in May, with 11,146 new units. The electrified registered 10.43% of the total market, a figure still lower both than the rate of the European average and the rate necessary to achieve the required emission reduction targets by 2023.

Regarding the registrations of zero and low emission vehicles (electrified, hybrid and gas), they increased by 21.7% in the month, with 41,094 units sold. Sales of this type of vehicle account for 38.46% of the market, surpassing the market for gasoline (38.4%) and diesel (23.14%) vehicles.

ELECTRIC VEHICLES – Zero Label

Sales of pure electric vehicles increased by 108.3% in May, with 5,081 registered units. It represents 4.76% of the market share in the month. In the year as a whole, sales of these vehicles totaled 23,124 units, 75.3% more than in the same period of the previous year. The cumulative share of the year is 4.87%

PLUG-IN HYBRID VEHICLES – Zero Label

Sales of plug-in hybrid vehicles grew by 25.5% during May and reached 6,065 registered units this month. It represents 5.68% of the market share for the month. In the year as a whole, sales of these vehicles totaled 25,369 units, 28.2% more than in the same period of the previous year. The cumulative quota for the year is 5.34%.

HYBRID VEHICLES – ECO Label

Sales of non-plug-in hybrid vehicles increased by 9.1% during May, reaching 27,505 registered units this month. It represents 25.74% of the market share in May. In the accumulated year, sales of these vehicles accumulated 122,956 units, 33.1% more than in the same period of the previous year. The share of the total for the year is 25.88%.

GAS VEHICLES – ECO Label

Sales of gas vehicles grew 90% in May with 2,443 registered units representing 2.29% of the market share in the month. In the year as a whole, sales of these vehicles accumulated 9,840 units, 59.2% more than in the same period of the previous year. The cumulative quota for the year is 2.07%.

TOURISM MARKET

The registrations of electrified, hybrid and gas CARS increased their sales in May by 22.7% compared to the same month of the previous year, up to 39,915 units delivered, which represent 43.37% of the total market share.

Regarding the electrified passenger car market, in May its sales increased by 53.8%, with 10,421 units sold. Battery electric vehicles (BEV) grew by 119.6% to 4,409 units in the month, as did plug-in hybrids (PHEV) that increased their sales by 26.2% with a total of 6,012 units. Sales of electrified passenger cars come to represent 11.32% of the market share in May. While, in the accumulated year, there are 43,633 electrified passenger cars, 42% more, which represents 10.79% of the total market.

The national market for electrified passenger cars continues to register a positive trend, increasing month after month, but with a sales volume still well below that necessary to reach the milestone of 190,000 units by 2023. To achieve this goal, close to 146,000 would have to be registered. electrified units in the remainder of the year, with an average of 21,000 units per month.

STATEMENTS

José López-Tafall, general director of ANFAC indicated that “for the fifth month this year, we observe how the increase in the sale of electrified vehicles is insufficient for the fulfillment of the emission reduction objectives to which Spain has committed: it is hardly closes the month with 10% of the total market share. While Europe and our partners grow, we remain almost at a standstill. In addition, with the call for general elections, the necessary measures are once again pending to recover this delay and prevent 2023 from being a lost year, as ANFAC warned in January. We need to be more agile and we hope that at least the call for projects for the battery line and those linked to electric vehicles with the surplus funds from PERTE VEC will be made before the general elections. We also ask the parties to expressly incorporate into their programs new measures to facilitate the access of companies and citizens to the new electrified vehicles, especially fiscal measures. If there is a climate urgency, and mobility is key, the sector and citizens are going to need much more support from public administrations”.

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