Sales of pure electric vehicles and plug-in hybrids grow by 14.5% in the fourth month, but their share of the total market is lower than that of a year ago
Electrified passenger cars recover the positive pace due to the Easter effect, although they only represent one in 10 total sales
With 46% of sales of zero and low emission vehicles, they remain the first purchase option for users
Madrid, May 2, 2024.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles and buses) recover the positive pace of sales, with an increase of 14.5% in April and 9,743 units. Although it is a positive fact, in the total market its representation stands at 8.75% share, a figure even lower than that of the same month of 2023. In the total for the year, sales of electrified vehicles reduce their share market share at 9.66%, with 38,994 units registered.
Regarding registrations of alternative vehicles (electrified, hybrid and gas), they increased by 36.2% in the month, with 44,150 units sold and representing 39.66% of the market. In total for the year, they accumulated 170,921 sales, with a growth of 21.9% and being the first purchase option for users.
ELECTRIC VEHICLES – Label Zero
Sales of pure electric vehicles increased by 10.4% in April, with 4,598 units registered. It represents 4.13% of the market share for the month. For the year as a whole, sales of these vehicles total 18,007 units, 0.2% less than in the same period of the previous year. The cumulative quota for the year is 4.46%
PLUG-IN HYBRID VEHICLES – Label Zero
Sales of plug-in hybrid vehicles grew by 18.4% during April and reached 5,145 registered units. It represents 4.62% of the market share for the month. For the year as a whole, sales of these vehicles total 20,987 units, 8.7% more than in the same period of the previous year. The cumulative quota for the year is 5.21%.
HYBRID VEHICLES – ECO Label
Sales of non-plug-in hybrid vehicles increase by 38.2% during April, and reach 30,823 units registered this month. It represents 38.2% of the market share in April. In the accumulated of the year, sales of these vehicles accumulate 120,518 units, 26.2% more than in the same period of the previous year. The share of the total for the year is 29.85%.
GAS VEHICLES – ECO Label
Sales of gas vehicles grew by 125% in April with 3,584 units registered, representing 3.22% of the market share in the month. For the year as a whole, sales of these vehicles accumulate 11,407 units, 54.2% more than in the same period of the previous year. The cumulative quota for the year is 2.82%.
PASSENGER CAR MARKET
Registrations of electrified, hybrid and gas CARS increased their sales in April by 37.1% compared to the same month of the previous year, up to 42,768 units delivered. In April, they account for 46.49% of total sales, accounting for one in every two sales of passenger cars. For the year as a whole, they represent 49.37% of the market, with 166,232 units and a growth of 23.9%.
Regarding the electrified passenger car market, in April sales increased again by 14.7% and with 8,902 units sold, although it still represents only 9.68% of the total market for the month, a figure lower than that of a year ago. Battery electric vehicles (BEV) grew by 11.8% to 3,842 units in the month, as did plug-in hybrids (PHEV), which increased their sales by 17% with a total of 5,060 units. In the total for the year, sales of electrified passenger cars total 35,978 units which, although their volume increased by 8.3% compared to the same period of the previous year, in the total market their share remains stagnant at 10%. A figure that distances the national market from the required decarbonization objectives and that shows the need to stimulate it with effective measures to increase its sales.
STATEMENTS
José López-Tafall, general director of ANFAC He indicated that “month after month the electrified vehicle market may grow in volume, but it does not grow in share. It is true that last month it recovered the positive rhythm that had not been obtained in March also due to the seasonal effect of Easter. We will have to wait to see the data for May, but the truth is that the share of the electrified market has stagnated at around 10% of total sales. An insufficient figure to undertake both the emissions reduction objectives and the renewal of the vehicle fleet for a more sustainable and safe one.”
“The objectives set for this year foresee 280,000 electrified passenger cars in 2024: at this rate we can already say that we will not achieve it. It is not just a matter of setting goals, but establishing enabling tools that allow them to be achieved. And, unfortunately, the only news we have this month regarding tools is the ratification that on May 1, aid for the purchase of low and zero emission trucks and buses has ended and we have no news of when there will be new ones again. support for transporters,” says López-Tafall.
Finally, the general director of ANFAC concludes with a further concern that “the MOVES for passenger cars and commercial vehicles is close to ending and we are still waiting for its renewal, without any news about it. The electric vehicle is a real option today, but the sector alone cannot be responsible for the entire ecosystem change that the entire society must make.”