Electric vehicle sales overtake diesel models for first time in Europe

Across 18 European markets - including the UK-more than a fifth of vehicles sold were electric

electric vehicles
Agencies
2 min read Last Updated : Jan 18 2022 | 11:52 PM IST
The sale of electric vehicles (EV) in the European market has surpassed that of diesel cars for the first time ever, according to Financial Times preliminary estimates.

Across 18 European markets – including the UK—more than a fifth of vehicles sold were electric, while diesel cars slumped to less than 19 per cent.

In December, around 176,000 battery EVs were sold in Western Europe—an all-time record high and a 6 per cent increase on December 2020 levels – while European car makers sold 160,000 diesel cars, the Financial Times reported.

According to Daniel Clarke, automotive analyst at GlobalData, Europe should be galvanised by today’s news.

” Europe has historically been home to a number of dominant players in petrol and diesel car industry, but today’s news should galvanise EU carmakers to further boost their EV credentials,” he told City A.M.

“There has been a clear focus on the demand-side, with incentives, infrastructure and charging stations, however, much more focus should be given to the supply side, specifically ensuring that the EU is not dependent on China for batteries or battery metals.”

In Europe the diesel car market has steadily gone down since 2015, when Volkswagen was found guilty of having cheated on diesel emission tests.

“The diesel death march has been playing on repeat since September 2015 when ‘Dieselgate’ was first unveiled — causing VW to draw up the first plans of the ID.3 within 30 days of the scandal coming to light,” auto analyst Matthias Schmidt told the outlet.

Despite ‘Dieselgate’, Volkswagen has sold worldwide 452,9000 battery-electric vehicles, going up 96 per cent on 2020 levels. In Western Europe, EVs accounted for 10.5 per cent of the group’s total deliveries.

“Figures for 2021 show how the Volkswagen Group’s business model is changing,” commented Volkswagen Group’s head of sales Christian Dahlheim.

“The sources of income will progressively shift further from conventional petrol engines to zero-emissions electric cars and from sales of vehicles to software and mobility services, underpinned by the key technology of autonomous driving.”

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :electric carsElectric mobilityCars

Next Story