Sales of pure electric vehicles and plug-in hybrids total 29,263 sales so far this year, with a slight growth of 1.5%
The market for electrified passenger cars stagnates at 11% of the total, the same as last year, and far from the pace necessary to meet the annual objectives
Sales of zero and low emission vehicles remain the first purchase option, with 42% of the market in March
Madrid, April 1, 2024.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles and buses) have decreased 9.1% in the month of March, with 10,633 units. With this figure, the market share has been reduced to 9.5% of the total for the month, registering a monthly rhythm far from that necessary for the annual fulfillment of the emissions reduction objectives. For the year as a whole, sales of electrified vehicles are 10% of the market, the same figure as a year ago, with just 29,263 units.
Regarding registrations of alternative vehicles (electrified, hybrid and gas), they increased by 9.7% in the month, with 46,988 units sold and representing 41.96% of the market. In total for the year, they accumulated 126,729 sales, with a growth of 17.6% and remaining the first purchase option.
ELECTRIC VEHICLES – Label Zero
Sales of pure electric vehicles fell by 12.4% in March, with 4,982 units registered. It represents 4.45% of the market share for the month. For the year as a whole, sales of these vehicles total 13,420 units, 3.3% less than in the same period of the previous year. The cumulative quota for the year is 4.58%
PLUG-IN HYBRID VEHICLES – Label Zero
Sales of plug-in hybrid vehicles decreased by 6% during March and reached 5,651 registered units. It represents 5.05% of the market share for the month. For the year as a whole, sales of these vehicles total 15,843 units, 5.9% more than in the same period of the previous year. The cumulative quota for the year is 5.41%.
HYBRID VEHICLES – ECO Label
Sales of non-plug-in hybrid vehicles increase by 16.6% during March, and reach 34,069 units registered this month. It represents 30.43% of the market share in March. In the accumulated of the year, sales of these vehicles accumulate 89,675 units, 22.6% more than in the same period of the previous year. The share of the total for the year is 30.64%.
GAS VEHICLES – ECO Label
Sales of gas vehicles grew by 19.1% in March with 2,286 units registered, representing 2.04% of the market share in the month. For the year as a whole, sales of these vehicles accumulated 7,789 units, 34.2% more than in the same period of the previous year. The cumulative quota for the year is 2.66%.
PASSENGER CAR MARKET
Registrations of electrified, hybrid and gas CARS increased their sales in March by 12.6% compared to the same month of the previous year, up to 45,849 units delivered. In March, they account for 48.34% of total sales, accounting for one in every two sales of passenger cars. For the year as a whole, they represent 50.4% of the market, with 123,425 units and a growth of 19.9%.
Regarding the electrified passenger car market, in March its sales decreased by 5%, with 9,762 units sold, with only 10.3% of the total market for the month, the same figure as a year ago. Battery electric vehicles (BEV) fell 15.4% to 4,203 units in the month, as did plug-in hybrids (PHEV), which reduced their sales by 6.6% with a total of 5,559 units. In total for the year, sales of electrified passenger cars total 27,086 units, which, although it represents an annual growth of 6.4%, has not managed to increase its market share, which has stagnated at around 11% and very far from the pace necessary to meet annual emissions reduction targets.
José López-Tafall, general director of ANFAC I indicate that ““The month of March is beginning to be worrying in the sales of electrified vehicles. The positive aspect is that we are once again registering sales growth, but it is very negative that our market has stagnated at a share of around 11%: we are the same as a year ago. You need to speed up your pace immediately. In three months, barely 27,000 electrified passenger cars have been registered, and we should have already registered close to 70,000 units. At ANFAC we insist, it is not only a question of financial resources, but also of the efficiency of the aid. And there are aspects that could make the situation even worse, specifically the doubts we have about whether the demand support plan for heavy vehicles will continue from April 30, the date on which the Plan ends. This situation would be paradoxical, after Spain has been one of the countries that has most committed to accelerating the decarbonization of road transport. There would be no worse message for citizens and transporters than to now be left without aid. ANFAC partners provide investment, innovation and vehicles, but if this is not accompanied by a set of measures that, at a minimum, guarantee the continuity of the plans, it will really be very difficult to meet the decarbonization objectives. , but simply get closer. Promoting the electrified vehicle market is essential both for reducing emissions and improving air quality and for ensuring that the Spanish automotive industry is also a benchmark for electromobility.”