EVs drive registrations growth across Europe in November

Registrations of new electric vehicles (EVs) were the main driver of growth in the European new car market, last month.

Data from Jato Dynamics shows a 30% boost in EV sales, in November, resulting in the highest monthly market share for these vehicles of 17.1%.

Tesla achieved a volume increase of 93%, while the US manufacturer’s share of the EV market jumped to 18.9% from 12.3% in November 2021. Tesla usually sees a decline in registrations during the first and second months of each quarter.

Other OEMs that saw share increases in the EV market include Geely (Volvo and Polestar) – up by 4.4 points to equal BMW Group – and SAIC (MG and Maxus), up by 2.6 points. At the other end of the spectrum, Renault Group (Renault and Dacia) lost 5.2 points, along with Hyundai-Kia, down by 5.1 points.

Felipe Munoz, global analyst at Jato Dynamics, said: “Despite the emergence of new rivals, November’s result show that Tesla’s growth is accelerating, cementing its leadership in the European BEV market.”

The Tesla Model Y led the overall model ranking with 19,169 units sold. As a result, the midsize SUV became the 22nd best-seller in the year-to-date ranking. Considering Tesla’s strong results in December each year, Jato Dynamics belives the Model Y looks set to also lead the rankings in December, and enter the top 20 by end of this year.

The Model Y was followed by the Dacia Sandero, which managed 18,781 registrations in November.

In the EV ranking, the Tesla Model 3 was the second-best-selling model, followed by the VW ID 4 then ID 3.

Ford’s Kuga remains the best-selling plug-in hybrid, in Europe, with more than 8,000 registrations. The Mercedes A 250e placed second, followed by the BMW 330e.

Among the latest launches, the Volkswagen Taigo achieved more than 6,000 registrations, closely followed by the Dacia Jogger with almost 5,700. The BMW i4 registered 3,822 units, becoming the 13th best-selling EV. The Volvo C40 saw its best result to date registering 3,562 units. The new BMW 2 Series Active Tourer registered 3,095 units becoming the best-selling MPV in Europe. The Volkswagen ID 5 registered 2,702 units and the Mazda CX-60 registered 2,508 units. The Alfa Romeo Tonale followed with 2,031 units.