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EV sales soar in main European markets as drivers shun expensive petrol
Record March sales of pure EVs and plug-in hybrids rose 72% month over month as higher fuel prices and subsidies lifted demand, researchers said.
- March registrations in 15 European markets rose 51.3 per cent to over 240,000, according to data released Monday by E-Mobility Europe and New Automotive.
- Rising petrol prices and new government subsidies drove a 72% monthly increase in plug-in vehicle sales across Europe in March, Benchmark Mineral Intelligence reported.
- Germany, France, Spain, Italy, and Poland recorded over 40% growth in battery-electric vehicle sales this year, while Britain saw a 12.8 per cent quarterly increase in registrations.
- Global registrations helped reduce oil consumption by two million barrels per year, according to a joint industry statement, even as EV sales stumble in North American markets.
- Colin McKerracher, head of clean transport at BloombergNEF, warned that limited supply from automakers hinders consumer demand, stating, 'Consumers can't buy a car they can't find.
19 Articles
19 Articles
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EV sales soar in main European markets as drivers shun expensive petrol
Sales of fully electric cars in Europe's main auto markets jumped by almost a third in the first quarter of 2026, as drivers looked for alternatives to combustion engines after the war in Iran caused the highest spike in petrol prices in years.
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