In early 2025, Europe's electric vehicle market experienced a remarkable revival, registering over 2.2 million electrified vehicles from January to April, a 20% rise compared to 2024. This includes a 26% increase in battery-electric vehicles (BEVs), reflecting a strong shift towards zero-emission mobility. The UK observed similar growth trends. However, the automotive sector still faces challenges such as stiff competition from Chinese EV manufacturers and potential US tariffs on car imports. The drop in 2024 EV registrations was largely attributed to the end of subsidies in Germany and broader economic factors affecting France.
From January to April 2025, over 2.2 million electrified vehicles were registered in Europe, a 20% increase from 2024, signaling a strong recovery in the market.
This rebound offers relief to Europe's automotive industry, which is contending with rising production costs and competition from manufacturers in China, as well as stringent EU emissions regulations.
In 2024, EV registrations in Europe dropped significantly after EV subsidies ended in Germany, leading to a 27.4% decrease in BEV registrations.
The resurgence in the EV market is bolstered by a notable 26% increase in battery-electric vehicle registrations, showcasing robust momentum toward zero-emission driving.
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