In 2023, Sweden led in new registrations of bi-fuel passenger cars in Europe with 2.88 thousand units. France followed at 1.6 thousand, despite a significant decline of 6.84% from the previous year. Hungary and Finland recorded modest increases of 2.65% and 2.54% respectively. While Switzerland saw slight growth at 0.93%, Austria experienced a 1.92% rise. Malta showed the highest growth at 7.96% from a low base. In contrast, Liechtenstein faced the most substantial drop at 5.59%.
Future trends to watch include the impact of evolving regulations on bi-fuel vehicle adoption, advancements in technology improving fuel efficiency, and potential shifts in consumer preferences towards greener alternatives. Continuous monitoring of these factors is essential to understand market dynamics moving forward.
Top countries in New Registrations of Bi-Fuel Passenger Cars by Country
| # | 8 Countries | Units (Registrations) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 2,880 | 2023 | -0.14% | +1.32% | View data |
| 2 | 2 France | 1,600 | 2023 | -2.62% | -6.84% | View data |
| 3 | 3 Hungary | 1,340 | 2023 | +2.21% | +2.65% | View data |
| 4 | 4 Finland | 1,110 | 2023 | +6.02% | +2.54% | View data |
| 5 | 5 Switzerland | 733 | 2023 | +1.24% | +0.93% | View data |
| 6 | 6 Austria | 585 | 2023 | +3.54% | +1.92% | View data |
| 7 | 7 Malta | 44 | 2023 | +2.33% | +7.96% | View data |
| 8 | 8 Liechtenstein | 3 | 2023 | 0% | -5.59% | View data |