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JATO Dynamics: in decline of Euro new car market, electrified vehicles increase share to almost 13%

Green Car Congress

The decline of the European new car market has continued throughout February. As of 29 February, JATO data has shown that the impact of COVID-19 had yet to hit the European automotive market. Against this negative backdrop, electrified vehicles (HEVs, PHEVs and BEVs) were once again the outlier in the industry.

Market 170
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4Q 2019: EU diesel demand continues to drop while gasoline gains; plug-ins up 80.5% y-o-y

Green Car Congress

of the EU market, while electrically?chargeable powered vehicles (APV) combined held a market share of 13.2%. Despite this overall decline, some markets are starting to show signs of recovery. Diesel demand increased again in two of the biggest EU car markets: France (+7.3%) and Germany (+4.3%). All alternatively?powered

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BYD launches 3 new electric vehicles at the Paris Motor Show

Green Car Congress

BYD was also the first automotive OEM in the world to announce it would be ceasing production of ICE vehicles this year to focus on BEV and PHEV products. BYD is the first, and only company in the world, to provide full market new energy vehicle solutions. The European market is not entirely new to BYD.

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BMW sticks to 50% EV target by 2030—not including hybrids, PHEVs

Baua Electric

But the exact cadence of the ramp-up will be determined by market trends, Zipse added. 2024 Rolls-Royce Spectre BMW will lead its next-generation EVs closer to the mass market with the Neue Klasse models, set to be made for the U.S. “We will stay flexible—even well into the 2030s.”

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Strong growth for the EU LCV market in 2024

Baua Electric

Out of the 27 member states, 19 recorded improvements, including the six biggest LCV markets. Major EU markets improve Recording the largest sales volume, France saw registrations increase by 1.1% The EUs fifth-biggest LCV market, the Netherlands, enjoyed the greatest growth of any member state. Volumes surged 87.4%

Market 52
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No major improvement for EU new-car market in October

Baua Electric

20 November 2024 Read next Improved Tesla performance in Europe but competition closes in 19 November 2024 Read next Europe’s biggest used-car markets remain strong in third quarter 18 November 2024 Modest growth for the EU new-car market in October did little to strengthen the region’s overall performance. This was a 0.1 respectively.

Market 52
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BYD is ‘just getting started’ in Europe with plans to triple its EV market share

Baua Electric

China’s BYD will challenge automakers in Europe with plans to triple its share in the EV market by 2025. After dominating its home market, BYD is expanding its brand overseas. BYD plans to expand EV market share in Europe BYD began selling vehicles in Europe in 2021, starting in Norway. share of Europe’s EV market.

BYD 52