Until November, sales of electrified vehicles register a decrease of 2.8% with 109,985 units sold
Electrified passenger cars accounted for 12.8% of the market in November, despite the 7.8% decline in sales
One in every two vehicles sold in the month are alternative vehicles, with conventional hybrids being the option most chosen by buyers
ANFAC reminds that until December 31, the MOVES III Plan and the deduction of up to 15% in personal income tax for the purchase of electric and plug-in hybrid vehicles remain in force.
Madrid, December 2, 2024.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles and buses) fell 11.3% in November, with 11,458 sales. Of the total sales, it accounted for 11.37% of the entire market in November.
Until the penultimate month, sales of electrified vehicles accumulated 109,985 units, 2.8% lower than the same period of the previous year. In the accumulated figure for the year, the total quota increases slightly to 9.92%, although still 9 tenths below last year. ANFAC highlights the need to increase sales and points out that the MOVES III Plan with purchase aid for electrified vehicles and the deduction of up to 15% in personal income tax for the purchase of this type of vehicle remains in force until the end of this year.
Regarding the registrations of total alternative vehicles (electrified, hybrid and gas), they remain the first purchase option with half of total sales, registering 50,233 units and an increase of 15.2%. During November, conventional hybrids remain the most chosen option, with 35% of the entire market. In the total for the year, 490,234 sales were accumulated, with a growth of 17.8%.
ELECTRIC VEHICLES – Label Zero
Sales of pure electric vehicles fell 10.3% in October, with 6,500 units registered. It represents 6.45% of the market share for the month. For the year as a whole, sales of these vehicles total 55,902 units, 0.3% less than in the same period of the previous year. The cumulative quota for the year is 5.08%.
PLUG-IN HYBRID VEHICLES – Label Zero
Sales of plug-in hybrid vehicles fell 12.6% during November, with 4,958 units registered. It represents 4.92% of the market share for the month. For the year as a whole, sales of these vehicles total 53,183 units, 5.3% 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 28.4% during November, and reach 35,211 units registered this month. It represents 28.38% of the market share in November. In the accumulated of the year, sales of these vehicles accumulate 349,537 units, 25% more than in the same period of the previous year. The share of the total for the year is 31.77%.
GAS VEHICLES – ECO Label
Sales of gas vehicles increased by 9.6% in November with 3,563 units registered, representing 3.53% of the market share in the month. For the year as a whole, sales of these vehicles accumulate 31,550 units, 25.9% more than in the same period of the previous year. The cumulative quota for the year is 2.87%.
HYDROGEN CELL VEHICLES – ZERO Label
In November, the sale of 1 hydrogen fuel cell vehicle was recorded. In the total year, 62 new units have been registered, 244% more than the previous year.
PASSENGER CAR MARKET
Registrations of electrified, hybrid and gas CARS increased their sales in November by 18.4% compared to the same month of the previous year, up to 49,205 units delivered. In November, they accumulate 59.04% of total sales. For the year as a whole, they represent 52.44% of the market, with 478,035 units and a growth of 19.6%.
Regarding the electrified passenger car market, a decrease in sales of 7.8% was recorded in October, with 10,644 units sold. Which places sales at 12.8% of the month’s share, which represents two percentage points less than the same month last year. By type, pure electric vehicles reduced their sales by 4.3%, to 5,791 units, as did plug-in hybrids, which decreased their sales by 11.5%, with 4,873 sales in November.
In the total for the year, sales of electrified passenger cars accumulate 100,802 units, which is 0.5% below the same period in 2023. Regarding the total market share, it is 6 tenths lower than the previous year, representing 11 .06% of the general market.
STATEMENTS
José López-Tafall, general director of ANFAC, indicated that “despite the efforts being made by the brands, the electrified market has not managed to stabilize its growth. This is demonstrated by November, which closes, once again, with a drop compared to last year. Citizens must know that they have the tools to make the leap to electromobility. Both the MOVES plan, with aid of up to €7,000 for passenger cars and €9,000 for light commercial vehicles, and the 15% personal income tax deduction for the purchase of electrified vehicles remain in force until the end of the year. Now is the time, because we still do not know if we will have continuity of MOVES for 2025. From the sector we trust that it will finally be approved, because the demands for emissions reduction and the obligatory need to increase the electrified market are still in force. And even in 2025 it will tighten. It is important to change this dynamic of uncertainty that penalizes the citizen, the sector and the decarbonization effort.”