EU passenger car sales up 28.8% to over 1 million units in March, ACEA says

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Battery-electric cars made up 13.9% of new registrations in the EU, up 2.5% from the same month last year.

Plug-in hybrids are losing ground in the region, declining from a market share of 8.8% in March 2022 to 7.2% in March 2023, ACEA said in a press release.

Meanwhile, petrol and diesel markets performed better than last year, up 18.6% and 11.8%, respectively, from last March, ACEA reported.