Despite the continued decline in Europe's overall auto market, EV registrations in Europe soared to a record 11% last month, and Tesla and Fiat became the leaders in the European electric vehicle market in February 2022, with electric vehicles and plug-in hybrids gaining 19.4% of the market.
Keep in mind that last month, car registrations in Europe have been down for three consecutive years (the European market registered only 794,600 cars in February 2022, which is actually the worst February of the last 42 years, according to JATO, as the data for February 2022 fell by 5.4% compared to February 2021; 25% from February 2020; and 30% from February 2019).
The decline in car registrations is clearly not conducive to employment and the economy, with slightly better news that the number of pure electric vehicles registered in Europe in February 2022 continues to rise at an 11% market share and 87,400 units, and if we add plug-in hybrids, its market share will also become 19.5%.
In February, Tesla led europe in 15,800 EV registrations (up 188% compared to February 21 of last year), and with the launch of Model Y in the European Union, Tesla's EV market share jumped from 11.1% in February to 18.1% in February this year.
And tesla model 3 ranks first in the European electric vehicle market, Model Y ranks second in the European electric vehicle market, and third place is occupied by the small vehicle Fiat 500E, with sales of 3,800 units, followed by Kia e-Niro with sales of nearly 3,500 units, hyundai IONIQ 5 ranked fifth, which also allowed it to surpass its old rivals Volkswagen ID.4 and Skoda Enyaq.
Volkswagen's electric hatchback ID.3 and mini car e-Up! Sales were down 65 percent, the Mini Cooper SE grew impressively (92 percent from last year, ranking 10th in the European electric vehicle market), the Polestar 2 electric sedan up 72 percent compared to last year, the Volvo XC40 Recharge up 91 percent, the Citroën C4 up 221 percent, the Mercedes EQC up 92 percent, the Porsche Taycan up 73 percent, and the Audi e-tron GT Up 125%, Mercedes EQV up 89 %...