Europe: Plug-In Car Sales Increased 10% In February 2024

In February, plug-in electric car sales in Europe increased by roughly 10% year-over-year, on par with the general market growth. It's hard to expect quicker growth as the segment is affected by reduced incentives in multiple markets. According to EV Volumes data, shared by researcher Jose Pontes, 202,542 new plug-in electric cars were registered in Europe in February. The market share amounted to roughly 20% .

Top Plug-In Models The Tesla Model Y remains Europe's best-selling plug-in model with almost 20,000 new registrations in February. The Tesla Model 3 is the best of the rest with over 8,000 units sold. Several other models noted about 5,000 units, but the most interesting thing is that there is no Volkswagen ID.3 or ID.4 in the top 10 .

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