Key Market Indicators
Spanish Electric Vehicle (EV) registrations are projected to more than double by 2028, climbing from approximately 110,000 units in 2023 to around 222,000 units. This growth represents an annual compound growth rate (CAGR) of 10.7%. The Spanish EV market has experienced significant momentum since 2019, with year-on-year growth reaching 56.4%. In 2023, Spain ranked 8th in Europe for EV registrations, with France leading the pack at the same 110,000 units. Sweden, Italy, and the Netherlands secured the 2nd, 3rd, and 4th spots, respectively, in the European EV registration rankings for 2023.
Latest reports
Spain Electric Vehicle Market Report- Q4 2024
In the fourth quarter of 2024, the Electric Vehicle (EV) market in Spain is witnessing transformative developments driven by strategic investments, technological advancements,...
Spain Electric Vehicle Market Report - Q4 2024
In the last quarter of 2024, the electric vehicle (EV) market in Spain has shown remarkable growth driven by strategic investments, international partnerships,...
