European Vehicle Market Statistics 2024/25
Publication Year: 2024
Author(s): Monteforte M, Mock P, Tietge U
Abstract:
The 2024/25 edition of European Vehicle Market Statistics offers a statistical portrait of passenger car, light commercial, and heavy-duty vehicle fleets in the European Union from 2001 to 2023. The report provides data on new vehicle registrations, technologies, fuel consumption, and tailpipe emissions, and offers insights on long-term trends of the vehicle market.
The year 2023 saw the first increase in new car registrations across all Member States in the European Union since 2019. About 10.6 million new cars were registered in the 27 Member States in 2023, 14% more than in 2022. While sales in the Mini segment stagnated, the Sport Utility Vehicle (SUV)/off-road vehicle segment remained the market leader; these were 48% of new registrations in 2023, followed by the Lower Medium segment (19%).The market share of SUVs has increased dramatically in the past few years. Every tenth new vehicle in 2010 was an SUV compared to nearly every second new vehicle in 2023.
Looking at commercial vehicles, battery electric technology is advancing steadily and made up 40% of buses and 10% of the light and medium commercial vehicles sold in 2023. In contrast, the electrification of heavy trucks and coaches remains nascent, with just 1% of the market or less in 2023.
Publisher/Organisation: International Council on Clean Transportation
URL:
https://theicct.org/wp-content/uploads/2024/12/241206_Pocketbook_2024_25_Web.pdf
Theme: Vehicle Technology | Subtheme: Electric vehicles
Related Documents
Reports
2020 Global Automotive Consumer Study
Published Year: 2020
Abstract:
This report highlights the key trends in the automotive sector and how it is shaping the... Read More
Research Papers/Articles
Abstract:
The expansion of electric vehicles in Italy, has already started a few years ago, but some asp... Read More
Research Papers/Articles
Abstract:
In 2016 Mercedes-Benz SA introduced hybrid vehicles into their East London factory, pioneering... Read More