The Passenger car registrations in October grew by 7.2%reaching 83,472 units, driven by the increase in sales in all channels and the rise of conventional hybrid vehicles. So far this year, the market has accumulated a total of 828,462 new registrations, which represents a growth of 4.9% compared to the same period in 2023. However, These figures are still 22% below 2019 levelsprior to the pandemic.
As for the electrified vehicles, the market recorded a slight drop of 1.4% in October with 9,908 units soldrepresenting 11.86% of total sales for the month. Despite this decrease, the accumulated figure for 2024 continues to grow with 90,137 units, 0.4% more than the previous year and a market share of 10.88%.
Average CO emissions? of passenger cars sold in October amounted to 116.1 grams per kilometer, 0.8% more than in the same month of 2023. In the accumulated annual figure, emissions stand at 117.1 grams of CO? per kilometer, a reduction of 0.8% compared to last year.
On the other hand, The light commercial vehicle market reported 15,362 registrations in October, which represents an increase of 12.4%. So far this year, this segment has accumulated 137,498 units, a growth of 16.1% compared to the previous year. The increase in sales in the self-employed channel stands out, with an increase of 36.1%, and in the rental channel, which registered a growth of 25.9%.
The industrial vehicle sector, buses, coaches and minibuses also showed significant growth in October, with an increase of 35.3% and 4,651 new units. Of these, commercial vehicles reached an increase of 38.9% with 4,289 units, while sales of buses and coaches grew by 3.7% with 362 units.
Less electric on sale
The registrations of the Pure electric passenger cars and SUVs (BEV) have fallen by 8.6% year-on-yearup to 4,874 units, while in the ten months of the year they accumulate an increase of 4%, with a total of 43,854 units, according to data released this Monday by the Business Association for the Development and Promotion of Electric Mobility (Aedive ) and the National Association of Vehicle Sellers (Ganvam).
The associations highlight that almost 55% of the purchases of pure electric passenger cars registered until October were made by an individual. Therefore, this private channel is the one that drives the electric passenger car market 100%, increasing its purchases by more than 26% so far this year, with a total of 23,954 units sold, the associations highlight.
In the 100% electric market as a whole (that is, registrations of vehicles of all types—passenger cars, two wheels, commercial and industrial—) sales fell by 7%, with a total of 56,162 registered units.
The employers’ associations point out that this is due, above all, to the decline in registrations of vans and two wheels, “which shows the need to implement effective incentives to stimulate these solutions, especially when they have been characterized by being effective transformers of the urban mobility in the transition towards zero emissions”.
For its part, registrations of electrified vehicles as a whole (that is, 100% electric and plug-in hybrids of all types: passenger cars, two wheels, commercial and industrial), exceed 100,000 registered units, standing at 104,413 units until October, which This is 6% less than in the same period of the previous year.
More plug-in hybrids
By type of propulsion, plug-in hybrid passenger cars and SUVs (PHEV) grew by 3% year-on-year, to 5,140 units, while so far this year they have fallen 5.4% to 47,391 units .
In the total number of plug-in hybrid vehicles (including vans, buses, coaches and heavy industrial vehicles), registrations grew by 3.5% last month, to 5,252, although they have dropped 4.5% so far this year, to stand at 48,251 units.
Depending on the type of vehicle, registrations of electrified passenger cars (100% electric and plug-in hybrids) fell by 3% in October, with a total of 10,014 units. So far this year, they have accumulated a drop of 1.1%, reaching 91,246 registered units.
For its part, registrations of electric mopeds registered a drop of 48.4% last month, with a total of 162 units registered. Until October, they fell 52.9%, standing at 2,025 units.
In their case, registrations of zero-emission motorcycles stood at 466 units in October, which represents 55.8% less. So far this year, they have registered a decline of 38.7%, accounting for a total of 4,421 registered units.
At the same time, sales of electric vans decreased by 33% in the tenth month of the year – 536 units – compared to the figures for October 2023, and by 15.1% so far this year to stand at the 4,776 units.
The employers’ associations highlight that 11% of passenger car registrations registered until October corresponded to electrified models (pure + plug-in hybrids).
From Ganvam and Aedive, they assure that “it is evident” that guaranteeing the aid of the Moves Plan until December has provided certainty to individual buyers, “so it is necessary to guarantee the continuity of the aid to help the market — which must pick up speed to meet the set objectives– keep rolling”.
#Sales #passenger #cars #grow #October #fall #electric #market