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AFV: STABLE IN THE EU, STRONG IN THE UKBack

EV3In the second quarter of 2016, Alternative Fuel Vehicle (AFV) registrations have remained steady in the EU (+0.6%) with a total of 147,784 units, according to recent figures released by the ACEA (European Automobile Manufacturers’ Association).

Among the largest markets, Spain saw the biggest increase (+84.4%), followed by the UK (+18.4%), where a total of just over 46,000 units have been registered in the first six months of the year, second only to Italy (104,648 units). Italy maintains the lead primarily because of the popularity of non-electric alternatively fuelled vehicles (natural gas vehicles (NGV) + LPG‐fuelled vehicles + ethanol (E85) vehicles), 84,047 of these where sold in the country in the first two quarters of the year.

According to the SMMT, AFVs have secured a market share in the UK, of 3.2% year-to-date, with a growth rate of 22.0%. The positive trend continued in August with registrations up 30.8% compared to the same period last year.

The UK alternatively fueled vehicles market is today one of the strongest in the EU. Cheaper running costs represent the main reason why an increasing number of consumers are considering purchasing AFVs. Forecasts are optimistic, but further reduction in costs of ownership as well as the resolution of issues with insurance and charging facilities will also influence future sales.

Please click here for a full copy of the ACEA release

 

 

New passenger car market in the EU: total alternative fuel vehicles sales Q1+Q2

 

Country Q1+Q2 2016 Q1+Q2 2015 % Change
Spain 16,771 9,978 68.1%
UK 46,014 37,993 21.3%
France 42,277 39,070 8.2
Germany 28,335 26,742 6.0
Italy 104,648 121,297 ‐13.7

 

Posted by Sue Robinson on 09/09/2016