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EU electric and plug-in hybrid car sales jump to over 1 million in 2020

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Sales of electric and plug-in hybrid automobiles in the European Union nearly trebled to over 1 million automobiles final year, accounting for greater than 10% of general sales, information confirmed on Thursday.

The jump in sales reveals electrified automobiles have gotten extra mainstream merchandise after years of being a distinct segment market and it got here at a time when general EU car sales plunged almost 24% to 9.9 million due to COVID-19 lockdowns.

(Also Read: Apple electric car hypothesis fuels rally in Japanese automakers)

The information launched by the European Automobile Manufacturers Association (ACEA) confirmed sales of fully-electric and plug-in hybrids surged to 1.046 million automobiles from 387,808 in 2019.

Sales of self-charging hybrid automobiles climbed 59% to 1.182 million final year whereas petrol and diesel automobile sales fell 37% and 32% respectively, the information confirmed. Petrol automobiles remained the largest vendor, nevertheless, accounting for 48% of all EU sales.

(Also Read: Ford Motor boosts funding plan for EVs and self-EV driving automobiles, stories loss)

As properly as having to meet stringent new EU carbon emissions targets, carmakers benefited from authorities subsidies for electric automobiles as a part of pandemic recovery programmes, particularly in France and Germany.

Sales of fully-electric automobiles greater than doubled to 538,772 from 247,854 a year earlier.

This story has been revealed from a wire company feed with out modifications to the textual content.

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