Sales of electrified passenger cars grow by 1.9% in 2024, with 115,932 units
The lack of continuity of aid for zero and low emission heavy vehicles conditions the growth of the total market for electrified vehicles
The market share of electrified passenger cars stands at 11.4%
Conventional hybrids are the first purchase option for Spaniards, with 32% of the total vehicle market
Madrid, January 2, 2025.- Sales of electrified vehicles (electric and plug-in hybrids, including passenger cars, quadricycles, commercial and industrial vehicles and buses) decreased slightly by 0.4% in the year, with 125,185 units. Of the total sold, 9 out of 10 sales have corresponded to passenger cars, these being the ones that have driven sales in 2024. A fact that shows the need for purchase assistance plans for all types of vehicles, including heavy vehicles that currently They do not have any type of incentive plan for the purchase of zero and low emission models.
Regarding the registrations of total alternative vehicles (electrified, hybrid and gas), with 555,218 units and an increase of 20.2%, they are positioned as the preferred option in Spain. Of this type of vehicles, conventional hybrids are the best-selling technology, with 32.3% of the market, surpassing gasoline and diesel vehicles.
ELECTRIC VEHICLES – Label Zero
Sales of pure electric vehicles increase 41% in December, with 9,573 units registered. It represents 7.81% of the market share for the month. For the year as a whole, sales of these vehicles total 65,478 units, 4.2% more than in the same period of the previous year. The cumulative quota for the year is 5.36%.
PLUG-IN HYBRID VEHICLES – Label Zero
Sales of plug-in hybrid vehicles fell 1.9% during December, with 6,520 units registered. It represents 5.32% of the market share for the month. For the year as a whole, sales of these vehicles total 59,707 units, 5% less than the previous year. The cumulative quota for the year is 4.88%.
HYBRID VEHICLES – ECO Label
Sales of non-plug-in hybrid vehicles increase by 59.9% during December, and reach 45,273 units registered this month. It represents 36.95% of the market share in December. In the accumulated of the year, sales of these vehicles accumulate 394,841 units, 28.2% more than the previous year. The share of the total for the year is 32.29%.
GAS VEHICLES – ECO Label
Sales of gas vehicles increased by 9.3% in December with 3,573 units registered, representing 2.92% of the market share in the month. For the year as a whole, sales of these vehicles totaled 35,130 units, 24% more than the previous year. The cumulative quota for the year is 2.87%.
HYDROGEN CELL VEHICLES – ZERO Label
In 2024, 62 new units have been registered, 195% more than the previous year.
PASSENGER CAR MARKET
Registrations of electrified, hybrid and gas CARS increased their sales in December by 46.8% compared to the same month of the previous year, up to 63,739 units delivered. In the total for the year, there are 541,818 units, which represents a growth of 22.3% and representing 53.3% of the global market.
Regarding the electrified passenger car market, a notable increase of 21.6% was recorded in December, with 15,124 units sold, representing 14.4% of the total market for the month. By type, pure electric vehicles increased their sales by 49.6%, to 8,818 units, while plug-in hybrids reduced their sales by 3.7%, with 6,306 sales in the last month.
In the total for the year, sales of electrified passenger cars total 115,932 units, which allows us to close 2024 with an increase of 1.9%. Despite this increase, electrified sales represent 11.4% of the market, which places it 6 tenths below the previous year’s figure, which stood at 12%.
STATEMENTS
José López-Tafall, general director of ANFAC, indicated that “2024 ends with a slight increase in the electrified market compared to the previous year, exceeding 115,000 units. Although, on the other hand, it should also be noted that the market share continues to remain around 11%, lower than the previous year. A figure that will need to increase significantly to meet the emissions reduction requirements set by the CAFE regulations for 2025. Therefore, from the sector we positively value the continuity of MOVES aid until June 30, 2025. A necessary measure that sends a message of certainty to citizens to make the leap to electrified vehicles with aid of up to €7,000 for passenger cars and €9,000 for light commercial vehicles, as well as with the continuity of the 15% personal income tax deduction for the acquisition of electrified vehicles. “It is an important step to avoid paralyzing the electrified market, the objectives are becoming more demanding and now is the perfect time to advance towards electrification.”