Petrol car registrations plunged ~26% YoY, with sharp drops in France (-49%) và Germany (-30%).
Battery Electric Vehicles (BEV) rose 14% YoY, Plug-in Hybrids (PHEV) 32%, and Hybrids 6%.
New energy vehicles accounted for 69% of total registrations, up from 59% a year earlier.
Major automakers including Renault (-15%), Toyota (-13.4%), BMW (-5.7%) và Volkswagen (-3.8%) reported sales declines.Chinese brand BYD saw sales surge ~165% YoY, while Stellantis and Mercedes-Benz posted modest growth.
Traditional fuel market continues to shrink: European consumer demand for petrol cars is falling rapidly.
Structural shift to electrification: Strong growth in electrified models shows a clear shift toward greener choices.
Competitive landscape evolving faster: Strong growth from Chinese brands like BYD is intensifying competition among legacy automakers.