Electrified passenger cars reach 15% of the total market in November

Sales of pure electric passenger cars and plug-in hybrids total 11,562 units, 42% more than the previous year.

In the accumulated year, electrified passenger cars account for 11.7% of the total market, but still far from the European average (21%).

Alternative vehicles with 43,597 sales account for nearly half of the market and are the first purchase option

Madrid, December 1, 2023.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles and buses) achieved strong growth of 47.1% in November, reaching 12,915 units sold . Of which, it stands out that 11,562 sales have corresponded to pure electric and plug-in hybrid passenger cars, which add up to 14.8% of the total market share.

For its part, in the general market for all types of vehicles, electrified vehicles represented 13.4% of all sales in the month. Sales add another month of growth, accumulating a total of 112,241 electrified vehicles until November, 47.9% more than the previous year and representing 10.86% of the market.

Regarding registrations of alternative vehicles (electrified, hybrid and gas), they increased by 24.2% in the month, with 43,597 units sold. In the month, they represent 45.2% of total sales, exceeding sales of gasoline and diesel, separately.

ELECTRIC VEHICLES – Label Zero

Sales of pure electric vehicles increased by 83.4% in November, with 7,243 units registered. It represents 7.51% of the market share for the month. For the year as a whole, sales of these vehicles total 56,056 units, 73.5% more than in the same period of the previous year. The cumulative quota for the year is 5.43%

PLUG-IN HYBRID VEHICLES – Label Zero

Sales of plug-in hybrid vehicles grew by 17.4% during November and reached 5,672 units registered this month. It represents 5.88% of the market share for the month. For the year as a whole, sales of these vehicles total 56,185 units, 29% more than in the same period of the previous year. The cumulative quota for the year is 5.44%.

HYBRID VEHICLES – ECO Label

Sales of non-plug-in hybrid vehicles increase by 9.4% during November, and reach 27,426 units registered this month. It represents 28.43% of the market share in November. In the accumulated of the year, sales of these vehicles accumulate 279,521 units, 27.05% more than in the same period of the previous year. The share of the total for the year is 26.64%.

GAS VEHICLES – ECO Label

Sales of gas vehicles grew by 161.8% in November with 3,254 units registered, representing 3.37% of the market share in the month. For the year as a whole, sales of these vehicles accumulate 25,065 units, 68.8% more than in the same period of the previous year. The cumulative quota for the year is 2.43%.

HYDROGEN CELL VEHICLES – ZERO Label

Sales of hydrogen fuel cell vehicles recorded 2 new sales in November. In the total for the year there are 18 units, 80% more than the previous year.

PASSENGER CAR MARKET

Registrations of electrified, hybrid and gas CARS increased their sales in November by 22.2% compared to the same month of the previous year, up to 41,574 units delivered. Sales of passenger cars of this type during November accounted for 53.09%, exceeding sales of both gasoline and diesel vehicles.

Regarding the electrified passenger car market, sales increased by 42% in November, with 11,562 units sold, reaching 14.76% of the total market for the month. Battery electric vehicles (BEV) grew by 82.3% to 6,053 units in the month, as did plug-in hybrids (PHEV), which increased their sales by 14.3% with a total of 5,509 units. In the accumulated year, there are 101,334 electrified passenger cars, 44.2% more, which represents 11.68% of the total market. A figure that, despite the boost this month, still remains far from the European pace, around 21%.


STATEMENTS

José López-Tafall, general director of ANFAC, indicated that “it is notable that this November the electrified market was at 15%. This is the path that our market must take and continue accelerating towards complete electrification. Although it is true that with the 11% share in the accumulated figure for the year we are still far from the European average, above 20%, we must highlight the efforts of the brands to continue expanding the offer of pure electric and plug-in hybrids . It is evident that there is a wide existing offer and that the sector is pushing to achieve change, now is the time to get the buyer to take the definitive leap. The extension of MOVES III until July 2024 is good news, however, in parallel, the new Government must work on replacing this MOVES with a new demand support system based on taxation and that allows charging help at the time of purchase, a proposal already worked on by ANFAC. Its greater efficiency, together with the deduction of up to 15% in personal income tax, should be a real incentive for users. Without forgetting, the promotion of fiscal measures, mainly aimed at the business channel, an important tool to accelerate electrification and continue advancing in the decarbonization of our automobile fleet.”

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