According to the data released by the European Association of Automobile Manufacturers (ACEA), in the fourth quarter of 2017, the demand for new energy vehicles in the European Union continued to grow, with a year-on-year increase of 35.1%, with a total of 227,378 units sold. The proportion of 6.7%.
The proportion of the sales of passenger cars (ECVs) in the entire European Union accounted for nearly 1.9%, while the registrations of pure electric vehicles and hybrid cars accounted for 54.8% and 43.3% of the total sales of new energy vehicles. The sales of plug-in hybrid vehicles continued to climb, with an increase of nearly 15%, and the growth rate also stabilized compared with the previous quarters. In the EU market, LPG vehicles (NGVs) and Natural Gas Vehicles (NGVs) also performed well in 2017, with an increase of 27.3% in the fourth quarter of last year.
Compared with 2016, sales of new energy vehicles have almost doubled in the Spanish market, with an increase of about 90.8%. Market growth rates in Germany, the United Kingdom, France, and Italy have followed, reaching 76.8%, 35.6%, and 33.4%, respectively. And 30.7%.
From the perspective of 2017, sales of new energy vehicles in the European Union reached 852,933 units, a 39.7% increase from 2016, driven mainly by the increase in sales of hybrid vehicles. Last year, the hybrid car had an increase of 54.8%, while the rechargeable models and other fuel cell vehicles rose by 39% and 16.4% respectively. From the perspective of the respective market share, the market share of alternative fuel cell vehicles in the EU is relatively small, with the market share of the entire new energy vehicle approaching 5.7%, while the percentage of rechargeable vehicle models in the total passenger vehicle sales is only It is 1.4%.
The increase in the sales volume of new energy vehicles also exceeds the growth rate of 3.3% in the European automotive market last year. This also shows that local consumers' acceptance of new energy automobile brands such as Toyota and Renault is increasing. EU government officials also continue to require the automotive industry to work hard to reduce carbon dioxide emissions to cope with climate change and other issues. LMC Automotive predicts that the sales volume of pure electric vehicles in Europe this year is expected to exceed 200,000, and the sales of electric vehicles will reach 600,000 by 2020, and it is expected to approach 1 million by 2020.
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