FI showroom red and grey logo
MenuMENU
SearchSEARCH

Europeans Also More Interested in Hybrids

April sales boost their EU market share to 29% as purely electric sales were flat.

May 24, 2024
Europeans Also More Interested in Hybrids

Fully electric vehicles’ share of the EU market was flat year-over-year at 12% as hybrids have taken off. A similar pattern has developed in the U.S.

Credit:

Pexels/Tetyana Kovyrina

1 min to read


Hybrid vehicle sales growth in April far exceeded that of all-electric models in Europe, continuing a trend on the continent that’s been mirrored in the U.S.

Hybrid registrations jumped 33% in the European Union, boosting their share of all vehicle sales from 25% to 29%, according to the European Automobile Manufacturers’ Association, or ACEA. France, Spain, Germany and Italy led hybrid sales with double-digit increases. Fully electric sales, though they grew far less, still had a healthy 15% bump.

Ad Loading...

Overall new-vehicle sales grew 14% to nearly 914,000 units, part of the increase due to this April having two additional selling days that last year’s, ACEA said. All major markets experienced increases.

Electric vehicles’ share of the market was flat year-over-year at about 12% as hybrids have taken off. A similar pattern has developed in the U.S. as early adoption has passed and mass-market consumers have been slow to follow in the big numbers manufacturers had bargained on. Automakers have consequently pulled back on previously ambitious all-electric lineup plans to refocus on hybrids.

In Europe, gas-powered model registrations rose 7% in April, though their market share fell by 2% year-over-year to 36%, ACEA said. Diesel model sales were flat, or about 13% of market share.

LEARN MORE: Ford Hybrid Sales Healthy

 

Originally posted on Auto Dealer Today

More Industry

Tires hung up on wall in factory.
Industry•by Lauren Lawrence•September 28, 2026

Future-Proof Your Business

A new industry outlook details several ways that automotive companies can use the rise in artificial intelligence and advanced technologies to their advantage.

Read More →
'for sale' written on a building window
Industry•by Hannah Mitchell•September 23, 2026

Dealership Buy-Sells Keep Going Up

First-half transactions reflect continued high appetite for acquisitions despite falling profits, the most sought-after franchises bringing record prices.

Read More →
White road sign that says California and points to highway 400.
Industry•by Lauren Lawrence•September 23, 2026

California Makes Electric Moves

New laws in the Golden State aim to advance consumer access to public electric-vehicle chargers and reduce costs and barriers to its infrastructure.

Read More →
Ad Loading...
Closeup photo of an orange car battery
Industry•by Hannah Mitchell•September 21, 2026

Rare Earths Independence

Automakers seek alternatives to sourcing battery raw materials in volatile markets roiled by trade wars and disrupted supply chains.

Read More →
Smiling executive sitting at table with folded hands.
Industry•by Lauren Lawrence•September 21, 2026

Volvo Appoints President and CEO

Klaus Zellmer will replace Håkan Samuelsson as president and CEO of Volvo Cars in 2027 as the company makes strategic shifts toward profitability and cash generation.

Read More →
Open hood of a Volkswagen vehicle with a mechanic's rag draped over the front
Industry•by Hannah Mitchell•September 18, 2026

Fix Up Your Fixed Ops

The department may hold untapped potential for your dealership. This issue of the magazine shares ways to unearth it and turn it around for more profits.

Read More →
Ad Loading...
White drawing  on brick surface of car with a charger cable sticking out of it
Industry•by Hannah Mitchell•September 16, 2026

Easier EV Charging Touted

Wireless charging pad provides automatic powering by just parking, says its maker, which sees a cable-free charger future as global EV demand grows.

Read More →
Toy car in front of four stacks of coins with wooden arrow showing increase.
Industry•by Lauren Lawrence•September 16, 2026

Vehicle Ownership Costs Rising

Fuel prices, car prices and depreciation are all factors for new vehicles, and this year’s average annual numbers are up with the inclusion of electrics and hybrids.

Read More →
red Toyota logo on front of white dealership
Industry•by Lauren Lawrence•September 14, 2026

Toyota Tops Longevity List

Toyota, Lexus, Honda and Acura came out on top in iSeeCars’ latest longest-lasting car brand study, all eclipsing the overall average chance of reaching 250,000 miles.

Read More →
Ad Loading...
two men in Army uniforms looking under the hood of a car
Industry•by Lauren Lawrence•September 10, 2026

From Military Service to Service Bay

Shifting Gears aims to alleviate the strain caused by the auto industry’s technician shortage while easing the sometimes jarring transition that veterans face after leaving the Army.

Read More →