80 percent of EU’s electric cars are sold in 6 countries

Electric car sales have stalled in lower income EU countries, with a market share of less than one percent in nations with a GDP per capita below €29,000.

Nissan Leaf

Electric car sales are not taking off in lower-income EU countries, according to new data published by the European Automobile Manufacturers’s Association (ACEA).

The research shows that all countries with an EV market share of less than one percent have a GDP per capita below €29,000 (£25,385). Conversely, an EV market share above 3.5 percent only occurs in countries with a GDP of more than €42,000 (£36,766).

It means that a huge 80 percent of the EU’s electric vehicles are sold in just six countries.

ECV GDP map

Poland, a country with a GDP of €12,900 (£11,292), has the lowest uptake of electric cars in the EU, with just 1,324 EVs sold in 2018, creating a market share of 0.2 percent.

It’s a similar story in Slovakia (0.3 percent market share) and Greece (0.3 percent), while EV sales in Latvia totalled just 93 in 2018.

By contrast, EVs are securing a stronger foothold in Scandinavia and the Netherlands, where financial incentives make electric car ownership a more viable proposition.

The majority of EU member states offer fiscal measures to stimulate electric car sales, but while most countries grant simple tax reductions, only 12 nations offer premiums or bonus payments to buyers of these vehicles.

‘A matter of priority’

Electric car sales America Trump USA

ACEA secretary general Erik Jonnaert said: “People throughout the EU should be able to consider purchasing an electric vehicle – no matter which country they live in – north or south, east or west.

“The affordability of the latest low- and zero-emission technologies needs to be addressed by governments as a matter of priority.”

The EU recently approved stricter CO2 reduction targets of -15 percent, and -37.5 percent for the years 2025 and 2030 respectively. The current target of 95g/km CO2 for the year 2021 was set in 2013.

Earlier this year, we revealed that 21 million more electric vehicles are expected to hit the streets by the year 2030, with Deloitte predicting that by 2024, the cost to own a BEV will be on a par with that of a petrol or diesel vehicle – that’s just five years away.

Infographic courtesy of ACEA

Related Articles

Gavin Braithwaite-Smith
Gavin Braithwaite-Smithhttp://www.petrolblog.com
Writer with a penchant for #FrenchTat. Owns 15 vehicles of varying degrees of terribleness. Also doing a passable impression of Cousin Eddie in an Italian-German beige motorhome. Doesn't get out much.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Find a Car Review

Latest

How to get the best price for your PCP trade-in car

Our guide explains how to the highest price for your trade-in car when a PCP finance agreement comes to an end.

Aston Martin DBX707 updated with fresh interior and new tech

The DBX707 performance SUV has gained Aston Martin’s updated infotainment system and a new interior design for 2024.

Best family hatchbacks to buy in 2024

These are our favourite family hatchbacks to buy in 2024, including the Kia Ceed, Skoda Octavia, Toyota Corolla and Volkswagen Golf.

Lamborghini Urus SE plug-in hybrid has 800hp – and a 37-mile electric range

Lamborghini has unveiled its first plug-in hybrid SUV, with the 800hp Urus SE promising wild performance and electrified efficiency.