In 2023, Germany led the European market with 1.3955 million electric passenger cars, followed by France and Norway with 0.78151 and 0.72372 million respectively. Germany saw a significant growth of 75.77%, while smaller markets like Finland, Italy, and Moldova experienced even higher growth rates of 94.36%, 82.39%, and 83.75% respectively. Most countries showed notable year-on-year increases in electric vehicle adoption.
Looking ahead, several trends could shape the European electric vehicle market:
- Continued governmental support and incentives for electric vehicles.
- Expansion of charging infrastructure across Europe.
- Increased variety and affordability of electric vehicles available to consumers.
- Potential regulatory changes favoring electric vehicle adoption.»
Top countries in Number of Electric Passenger Cars by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,395,500 | 2023 | +37.76% | +75.77% | View data |
| 2 | 2 France | 781,510 | 2023 | +31.17% | +48.98% | View data |
| 3 | 3 Norway | 723,720 | 2023 | +21.52% | +30.46% | View data |
| 4 | 4 Netherlands | 414,090 | 2023 | +25.44% | +40.4% | View data |
| 5 | 5 United Kingdom | 374,600 | 2021 | View data | ||
| 6 | 6 Sweden | 282,190 | 2023 | +42.73% | +76.1% | View data |
| 7 | 7 Italy | 245,330 | 2023 | +34.86% | +82.39% | View data |
| 8 | 8 Denmark | 157,730 | 2023 | +39.99% | +73.48% | View data |
| 9 | 9 Switzerland | 149,210 | 2023 | +34.68% | +50.72% | View data |
| 10 | 10 Austria | 141,730 | 2023 | +28.58% | +46.74% | View data |
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