Business News

September marks first time that electric vehicle registrations overtook diesel

18th November 2020

It also saw EV registrations break the 300,000 monthly unit mark for the first time ever

More electrified than diesel-powered cars were registered in Europe for the first time in history last September, with a quarter of all new vehicles including some type of electric power.

The figures emerge from a report by industry analysts JATO Dynamics that looked at vehicle registrations across the 27 EU markets, which found that electrified cars doubled their market share since September 2019.

Electrified cars include pure electric vehicles, plug-in hybrids, full hybrids and mild hybrids.

Diesel-powered cars made up 24.8 per cent of the market for September 2020, with petrol-powered vehicles accounting for 47 per cent, a sharp fall from the 59 per cent recorded during the same period in 2019.

A decade ago diesel cars comprised 50 per cent of registrations, while the market share for EVs was under 1 per cent.

September’s figures show that 327,000 electrified cars were registered throughout Europe in September. It’s the first time ever that EVs have passed the 300,000 unit monthly mark.

It’s also only the second time ever that monthly market share has exceeded 20 per cent.

Some 1.3 million cars were registered across the area last month, increasing by just one per cent compared with the same month last year.

Felipe Munoz, global analyst at JATO Dynamics commented: “The shift from ICEs to EVs is finally taking place. Although this is largely down to government policies and incentives, consumers are also now ready to adopt these new technologies.”

Volkswagen registered 40,300 electrified vehicles in Europe in September, positioning it as the second-largest electrified seller behind Toyota.

“Like with its SUVs, Volkswagen Group arrived late to the EV boom, but its competitive products are catching up quickly, and it is now becoming a leader,” Munoz said.

However, pure electric demand was led by Tesla despite its overall volume falling by five per cent. Some 15,702 of the firm’s Model 3 cars were registered during the month across Europe, followed up by the Renault Zoe and Volkswagen ID.3 with 11,023 and 7,897 respective sales.


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September marks first time that electric vehicle registrations overtook diesel