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Recovery declines in August, but EVs continue to gain traction, representing more than 1 in 5 new cars registered in Europe.
JATO’s data for 27 markets shows good news after several months of decline in registrations. July saw the highest monthly volume figures so far this year – this also being the highest since September last year
The Beyond Regulation: Staying ahead of the pack report, comes in light of growing global climate concerns and a post-Covid-19 world, contemplating the new and unfamiliar landscape that will likely see different consumer habits and priorities.
While petrol and diesel registrations fell by 32% and 31% respectively, compared to June 2019, the volume of new EVs registered rose from 111,300 units in June 2019 to 183,300 units last month.
New car registrations fell by 57% in May down to 622,067 units across 27 markets – taking the cumulative results for 2020 to 3.95 million units, down by 43% year on year.
As expected, new car registrations in Europe faced a steady decline in April. Despite the all-encompassing lockdown that took hold in Q1 and the negative economic indicators, electrified vehicles continued to gain traction.
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