According to Reuters, in the first quarter of this year, although overall European passenger car sales fell by 52.9%. Electric vehicle registrations increased by 57.4% and accounted for 4.3% of total vehicle registrations in the region. The surge in demand for zero-emission vehicles is due to the implementation of stricter emissions regulations in Europe.
The European Automobile Manufacturers Association stated that the reason for the overall decline in demand is that due to the impact of the new crown epidemic, many showrooms have been closed, and car sales have also dropped significantly. Analysts say that in terms of vehicle choice, the economic recession and plummeting consumer confidence may make it more difficult for car owners to accept the change from traditional fuel vehicles to electric vehicles.
Data from the European Automobile Manufacturers Association shows that of the 3,054,703 new cars registered in Europe in the first quarter of this year, 52% were gasoline cars and 28% were diesel cars. Showrooms in Germany have been open since late April, but demand has been severely reduced, leading to unusually high inventory levels in what is typically the strongest sales period of the year, the German Dealers Association said.
More than half of the 1,357 dealers surveyed by the ZDK German Dealers Association said that demand fell by "at least" 50% compared with a year ago.
Sales of electric vehicles will be more difficult due to the backlog of internal combustion engine vehicles. Ulrich Koester, spokesman for the German Dealers Association, said: "There are still 750,000 to 1 million unsold cars in German dealers, the vast majority of which are traditional gasoline and diesel cars. ”
In the first three months of this year, electric car sales in the EU, UK and European Free Trade Association (EFTA) countries totaled 130,297 units. New registrations of electric cars in Germany increased by 63.3%, While France grew by 145.6%, EV sales in Norway fell by 12.4%
EU lawmakers in December 2018 asked carmakers to reduce carbon dioxide (CO2) emissions between 2007 and 2021. They will reduce their emissions by 40% and then another 37.5% by 2030, otherwise they will face fines. According to Reuters, this means that by 2021, the average carbon dioxide emissions of corporate fleets will reach 95 grams/km.
Based on average fleet CO2 emissions of 120.4g/km in 2018 - the last year for which statistics are available - carmakers will need to sell more than 2.5 million more vehicles by 2021, according to forecasts by PA consultancy analysts of electric vehicles, or will increase by 1,280% by 2021.
This is a tough target as the lack of charging infrastructure will continue to inhibit electric vehicle expansion, according to LMC Automotive Analytics' forecast. It will take until 2030 for car sales in Western Europe's five largest markets to surpass sales of conventional gasoline and diesel cars.
The Volkswagen ID.3, the German automaker's first all-electric car, launched in November. Production has begun at the Zwickau plant in Germany and is expected to be launched next year.
Fiat Chrysler Automobiles plans to launch 12 electrified models by 2021 as part of its investment in new models and power systems. Due to the growing demand for electrified models, the BMW Group is also accelerating the production of power system components for electrified models.
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