Sales of pure electric vehicles and plug-in hybrids account for 10.3% of the total market in February
Electrified passenger cars grow by 15% in February, but still at a slow pace with only 11% of the total market
One in every two passenger car sales in February corresponded to zero and low emission passenger cars.
Madrid, March 1, 2024.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles and buses) have achieved new growth in February, with 10,083 units, which represents 11.1 % more than the same of the previous year and adding 10.3% of the market. In the first two months, a total of 18,644 sales have been registered, 8.8% more than in 2023.
Regarding registrations of alternative vehicles (electrified, hybrid and gas), they increased by 22.7% in the month, with 41,566 units sold and representing 42.61% of the market. In the total for the year, they accumulate 79,732 sales, with a growth of 22.7% and positioning themselves as the first purchase option.
ELECTRIC VEHICLES – Label Zero
Sales of pure electric vehicles increased by 5.7% in February, with 4,481 units registered. It represents 4.77% of the market share for the month. For the year as a whole, sales of these vehicles total 8,452 units, 3.2% more than in the same period of the previous year. The cumulative quota for the year is 4.68%
PLUG-IN HYBRID VEHICLES – Label Zero
Sales of plug-in hybrid vehicles grew by 15.9% during February and reached 5,602 registered units. It represents 5.74% of the market share for the month. For the year as a whole, sales of these vehicles total 10,192 units, 13.9% more than in the same period of the previous year. The cumulative quota for the year is 5.64%.
HYBRID VEHICLES – ECO Label
Sales of non-plug-in hybrid vehicles increase by 26.2% during February, and reach 28,906 units registered this month. It represents 29.63% of the market share in February. In the accumulated of the year, sales of these vehicles accumulate 55,586 units, 26.5% more than in the same period of the previous year. The share of the total for the year is 30.76%.
GAS VEHICLES – ECO Label
Sales of gas vehicles grew by 35% in February with 2,576 units registered, representing 2.64% of the market share in the month. For the year as a whole, sales of these vehicles accumulate 5,500 units, 41.6% more than in the same period of the previous year. The cumulative quota for the year is 3.04%.
HYDROGEN CELL VEHICLES – ZERO Label
Sales of hydrogen fuel cell vehicles recorded a new sale in February, accumulating the unit from the previous month.
PASSENGER CAR MARKET
Registrations of electrified, hybrid and gas CARS increased their sales in February by 24.5% compared to the same month of the previous year, up to 40,409 units delivered. In February, they account for 49.67% of total sales, accounting for one in every two sales of passenger cars. For the year as a whole, they represent 51.71% of the market, with 77,576 units and a growth of 24.7%.
Regarding the electrified passenger car market, in February its sales grew by 15.5%, with 9,367 units sold, reaching 11.51% of the total market for the month. Battery electric vehicles (BEV) grew by 15.4% to 3,804 units in the month, as did plug-in hybrids (PHEV), which increased their sales by 15.6% with a total of 5,563 units. In total for the year, sales of electrified passenger cars total 17,321 units, 14.2% more than the previous year, with 11.54% of the general market.
STATEMENTS
José López-Tafall, general director of ANFAC I indicate that “for another month the electrified market increases. It is data that reflects the user’s interest. But realistically, we are still well below what we should be recording. We must accelerate the pace, our market has a 13% share, while Europe is already above 20%. And not only is there the issue that we are not reaching the leading group in Europe in terms of electrification, but we are also not reaching the sales rate that we should have to achieve the emissions reduction targets demanded by Europe. This year the objective increases to close the electrified market at 280,000 units, this means that 23,000 new cars should be registered every month. We have been there for two months and the market has close to 17,000 units. Either we accelerate and demonstrate that Spain is committed to electrification, or we run the risk of our sector falling out of the industrial race for electric vehicles. We already highlighted it in the last ANFAC Forum, it is time to bet and make brave decisions. The priority and solution now is to establish a direct aid plan that is granted at the time of purchase and that makes the electric and plug-in hybrid vehicle attractive to the user. If the electric vehicle is the bet and demand from 2035, we must act now, not wait until 2035 to encourage its purchase.”