Sales of electrified vehicles grow 60% in August

In August, 7,507 units sold were achieved, which doubles the volume of the previous year

In the eighth month, sales of alternative cars accumulate half of the total market, with 27,405 units

Until August, sales of electrified passenger cars continue to grow, but at an insufficient rate to reach the necessary target of 190,000 units in 2023

Madrid, September 1, 2023.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles, and buses) increased by 60.3% in August, with 7,507 units sold. In the eighth month, the electrified accounted for 11.08% of the general market, 3.6 p.p more than the previous year. In the first eight months, 78,579 units of electrified vehicles were added, which, although it represents an increase of 51.7% compared to 2022, monthly sales are still at very low volumes to achieve the minimum market objectives for this 2023 and comply with emission reduction requirements.

Regarding registrations of alternative vehicles (electrified, hybrid and gas), they increased by 33.1% in the month, with 28,549 units sold, representing 42.14% of the total market. This month, they are once again positioned as the first purchase option for users above diesel and gasoline. Similarly, for the year to date, they lead sales with 38.9% of the market and a total of 295,304 units sold.

ELECTRIC VEHICLES – Zero Label

Sales of pure electric vehicles increased by 116.8% in August, with 4,121 registered units. It represents 6.08% of the market share in the month. In the year as a whole, sales of these vehicles totaled 38,091 units, 79% more than in the same period of the previous year. The cumulative share of the year is 5.02%

PLUG-IN HYBRID VEHICLES – Zero Label

Sales of plug-in hybrid vehicles grew by 21.8% during August and reached 3,386 registered units this month. It represents 5% of the market share for the month. In the year as a whole, sales of these vehicles totaled 40,488 units, 32.6% more than in the same period of the previous year. The cumulative quota for the year is 5.33%.

HYBRID VEHICLES – ECO Label

Sales of non-plug-in hybrid vehicles increased by 22.5% during August, reaching 19,282 registered units this month. It represents 28.46% of the market share in August. In the accumulated year, sales of these vehicles accumulate 199,838 units, 30% more than in the same period of the previous year. The share of the total for the year is 26.33%.

GAS VEHICLES – ECO Label

Sales of gas vehicles grew 72.2% in August with 1,760 registered units representing 2.6% of the market share in the month. In the year as a whole, sales of these vehicles accumulated 16,875 units, 53.4% ​​more than in the same period of the previous year. The cumulative quota for the year is 2.22%.

TOURISM MARKET

The registrations of electrified, hybrid and gas-powered PASSENGERS increased their sales in August by 32.9% compared to the same month of the previous year, up to 27,405 units delivered. During the month, half of the sales have been of alternative passenger cars, with 48.98% of the market and the first purchase option.

Regarding the electrified passenger car market, in August its sales increased by 66.4%, with 6,945 units sold. Battery electric (BEV) grew 155.7% to 3,583 units in the month, as did plug-in hybrids (PHEV) that increased their sales by 21.2% with a total of 3,362 units. Sales of electrified passenger cars represent 12.41% of the market share in August. While, in the accumulated year, there are 71,068 electrified passenger cars, 48% more, which represents 11.06% of the total market.

Despite the monthly increase, the electrified passenger car market registers volumes below 10,000 units. From ANFAC it is alerted that at this rate of sales it will not be possible to reach the minimum objective of 190,000 units marked for 2023 and that it would be necessary to achieve it to meet the emission reduction requirements set from Europe.

STATEMENTS

José López-Tafall, general director of ANFAC indicated that “the holiday period is usually an important determining factor for sales in August. Despite this, the electrified vehicle market has managed to double sales compared to the previous year. Although this is positive data, we must continue to focus on the fact that sales of these vehicles are just over 11% of the total. A very low figure when compared to the rate that is being reached in other European countries above 20%. Spain cannot drop the hook in the electrification race and needs the continuity and renewal of the MOVES aid plans both for the purchase of vehicles and for the installation of public access charging points. The Government, when it is formed, must prioritize an efficient incentive mechanism that allows the payment of aid at the time of sale, and reduces the administrative costs of the current plans, so that citizens and companies see it as easy to make the leap to low and zero emission mobility.”

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