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A ban on all petrol and diesel-powered vehicles made its way through the European Parliament on Tuesday, February 1. The push to transition consumers toward all-electric powertrains is an effort to eliminate greenhouse gas emissions and reach lofty climate goals. VW is planning to phase out ICE cars in Europe by 2033.
The gap to petrol shortened too, going from 11.8pp one year ago to 5.5pp. France (down 23.9%), Slovakia (down 22.8%), Austria (down 19.7%), Portugal (down 18%), Croatia (down 12.9%) and Spain (down 11.6%) also endured double-digit decreases. Meanwhile, petrol registrations in Italy grew 3.8% Hybrids took a market share of 29.6%
Other five-digit markets that struggled were Belgium (down 46.8%), Portugal (down 27.5%), Sweden (down 16.8%) Slovakia (down 5.6%) Austria (down 2.3%) and the Czech Republic (down 1.4%). Puzzling PetrolPetrol did not fare much better than its internal combustion engine (ICE) counterpart in August. decrease in Germany.
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