The European market for new registrations of alternative energy passenger cars is characterized by significant country variations. As of 2023, Germany leads the market with substantial growth, while Italy and France experienced declines. Notably, Lithuania and Moldova saw the highest growth rates, contrasting with Sweden and Estonia, which faced declines. Over the last five years, Germany has shown a consistent upward trend.
Looking forward, Germany is expected to maintain its leading position due to strong policy support and increasing consumer adoption. Italy and France may continue facing challenges unless market and policy conditions improve. Watch for technological advances and policy changes impacting registration trends.
Top countries in New Registrations of Alternative Energy Passenger Cars by Country
| # | 10 Countries | Units (Registrations) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 217,200 | 2023 | +5.31% | +3.61% | View data |
| 2 | 2 Italy | 124,570 | 2023 | -5.55% | -5.93% | View data |
| 3 | 3 Norway | 73,260 | 2023 | +5.61% | +4.74% | View data |
| 4 | 4 Spain | 39,350 | 2023 | +6.3% | +3% | View data |
| 5 | 5 France | 23,320 | 2023 | -5.38% | -7.28% | View data |
| 6 | 6 Hungary | 18,410 | 2023 | +5.73% | +4.56% | View data |
| 7 | 7 Ireland | 10,380 | 2023 | +5.07% | +2.95% | View data |
| 8 | 8 Austria | 9,020 | 2023 | +4.8% | +4.01% | View data |
| 9 | 9 Belgium | 8,730 | 2023 | +3.8% | +1.94% | View data |
| 10 | 10 Romania | 7,030 | 2023 | +5.87% | +3.89% | View data |
