In the total for the year, sales of electrified vehicles stand at 97,626 units, with a decline of 1.7%
With 12% of sales for the month, electrified passenger cars fall slightly by 1.4% in October
Sales of conventional hybrids account for 7 out of 10 sales of alternative vehicles in the month
Madrid, November 4, 2024.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles and buses) decreased by 4.3% in October, with 10,756 units sold, a similar volume to the previous month. Of the total sales, it represented 10.36% of the entire market in October.
Until the tenth month, sales of electrified vehicles accumulate 97,626 units, 1.7% lower than the same period of the previous year. In the accumulated of the year, the total share remains at 9.77%, which is 8 tenths below 2023. A situation that highlights the urgency of continuing to encourage the market in 2024, at the same time, working in a set of measures to be implemented with the start of 2025 and that will boost sales next year.
Regarding the registrations of alternative vehicles (electrified, hybrid and gas), they remain the first purchase option with close to half of the total sales of the month, registering 49,318 units with an increase of 16.3%. During October, within these technologies, conventional hybrids are the most chosen option, with 34% of the entire market. In the total for the year, 439,986 sales were accumulated, with a growth of 17.8%.
ELECTRIC VEHICLES – Label Zero
Sales of pure electric vehicles fell 10.9% in October, with 5,504 units registered. It represents 5.3% of the market share for the month. For the year as a whole, sales of these vehicles total 49,401 units, 1.2% more than in the same period of the previous year. The cumulative quota for the year is 4.94%.
PLUG-IN HYBRID VEHICLES – Label Zero
Sales of plug-in hybrid vehicles increased by 3.7% during October, with 5,252 units registered. It represents 5.06% of the market share for the month. For the year as a whole, sales of these vehicles total 48,225 units, 4.5% less than in the same period of the previous year. The cumulative quota for the year is 4.83%.
HYBRID VEHICLES – ECO Label
Sales of non-plug-in hybrid vehicles increase by 26% during October, and reach 35,365 units registered this month. It represents 34.06% of the market share in October. In the accumulated of the year, sales of these vehicles accumulate 314,318 units, 24.6% more than in the same period of the previous year. The share of the total for the year is 31.46%.
GAS VEHICLES – ECO Label
Sales of gas vehicles increased by 2.6% in October with 3,194 units registered, representing 3.08% of the market share in the month. For the year as a whole, sales of these vehicles accumulated 27,982 units, 28.3% more than in the same period of the previous year. The cumulative quota for the year is 2.8%.
HYDROGEN CELL VEHICLES – ZERO Label
In October, the sale of 3 hydrogen fuel cell vehicles was recorded. In the total year, 60 new units have been registered, 275% more than the previous year.
PASSENGER CAR MARKET
Registrations of electrified, hybrid and gas CARS increased their sales in October by 18.8% compared to the same month of the previous year, up to 48,102 units delivered. In October, they accumulate 57.63% of total sales. For the year as a whole, they represent 51.78% of the market, with 428,818 units and a growth of 19.7%.
Regarding the electrified passenger car market, a slight decrease in sales of 1.4% was recorded in October, with 9,908 units sold. This represents one percentage point less than the same month last year, placing the market share at 11.87% of the total. By type, pure electric cars reduced their sales by 5.7%, to 4,768 units, while plug-in hybrids managed to grow by 3%, with 5,140 sales in October.
In the total for the year, sales of electrified passenger cars accumulate 90,137 units, which allows for a growth of 0.4% compared to 2023. In any case, the market for electrified passenger cars remains flat compared to the previous year and this This has meant that the share of the total is 5 tenths lower than in 2023, with 10.88% of the market.
STATEMENTS
José López-Tafall, general director of ANFAC He indicated that “despite the slight drop this month, the electrified market is still above the previous year and that is a good sign. These figures, although below the desired pace, indicate that citizens are interested in making the leap to electrification. And now is the right time, because until the end of the year the purchase of an electrified vehicle has aid of up to 7,000 euros for the purchase of a pure electric vehicle, and up to 9,000 euros for commercial vehicles. In addition to a 15% deduction in personal income tax with a limit of 3,000 euros. Both grants end in December and, at the moment, we do not know if they will continue. For ANFAC, the challenge of achieving the severe electrification objectives in 2025 would require enabling the necessary conditions and tools to make the jump to new vehicles easier for citizens and companies. For this reason, these financial aid granted by the MOVES Plan must be maintained in 2025, as the Government is requesting. “We must convey a message to the citizen that electrification does not end in 2024.”