Abstract:

The study shows new car registrations picked up pace in the fourth quarter of 2022, rounding out the year at just over 2,530,000. While many manufacturers still recorded decreased sales compared to 2021, the overall 5% drop for 2022 was less than after the third quarter, when a 10% drop was recorded. The share of plug-in hybrid vehicles (PHEVs) increased to 12%, up from9% in the third quarter. Overall, 13% of new cars registered in 2022 were BEVs, up three percentage points from 2021. The largest advances compared to 2021 were made by Volvo (+18 percentage points), with a 29% BEV share in 2022, and BMW (+6 percentage points), reaching a 15% BEV share. The Mazda-Subaru-Toyota pool continues to have the lowest share of BEVs, at only 1% of total registrations, down from 2% in 2021. All manufacturers were able to reach their specific CO2 targets for 2022, with average over-compliance of around 12 g/km. The Mazda-Subaru-Toyota pool was the only manufacturing group that could still use super-credits but does not need them for compliance.