The market of BEV did not decline in Europe in January 2024
- In January 2024, there were no declining sales of battery electric vehicles (BEV) in Europe 29 countries (EU - Malta + UK + Switzerland + Norway), as they reached a volume of 120,926 units compared to 93,551 units in January 2023 (representing an increase of 29.3% in a total market up 11.5%), with a market share of 11.9 % in January 2024 compared to 10.3% in January 2023 and 9.8% in January 2022.
- If there were no sales decline in January 2024, it was the case in December 2023 compared to December 2022: 205,980 units compared to 276,043 units, representing a market share of 19.7% compared to 24.9% in December 2022. However, it is to be noted that this market share was quite high compared to the annual average and that month of December 2022 was quite exceptional due to anticipated sales.
- In December 2023, the decline of BEV sales in Europe was only in Germany (-50,000 sales compared to December 2022) and Norway (-25,000 sales compared to December 2022) due to the end of the ecological bonuses in these two countries. The other European countries continued to see their BEV sales increase.
- January 2024 returned to a normal level as most countries saw their BEV sales increase, including Germany (+23.9%) and Norway (+281.3%). However, we must take into account the end of ecological bonuses in France for professionals which could disrupt the progression of BEV sales in 2024. On the other hand, the product offer announced at less than 30,000 euros is starting to arrive, with the marketing of the Citroën e-C3, restyled Dacia Spring and Renault R5 E-Tech.