Europe: Plug-In Car Sales Decreased 8% In March 2024

In March, plug-in electric car sales in Europe decreased by roughly 8% year-over-year, partially because March 2023 was very strong. However, the Q1 result was still about 5% better than a year ago. According to EV Volumes data, shared by researcher Jose Pontes, 295,980 new plug-in electric cars were registered in Europe in March. The market share amounted to roughly 21% .

However, the model cannot maintain its peak, and a 19% year-over-year sales decline was noted in Q1 2024. The Tesla Model 3 is the best of the rest, with over 12,000 units. However, the star of the show in March was the all-new Volvo EX30. It surged to third position in its third full month on the market.

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