On December 23, data released by the European Automobile Manufacturers Association on Tuesday revealed that Europe witnessed a fifth consecutive month of year-on-year growth in new car sales during November. This surge was primarily fueled by an uptick in electric vehicle registrations across key markets such as Germany, Italy, and Spain. Within the EU market, the proportion of pure electric vehicle registrations (utilized as a proxy for sales) soared to 21%. Meanwhile, the UK and Norway reported even higher shares, with 26% and a staggering 98%, respectively.

In terms of brand performance, Tesla secured a 2.1% market share for the month, while BYD claimed a 2% share. Overall, new car sales in the EU experienced a 2.1% increase, nearing the 900,000-unit mark. A closer look at the data shows registrations of pure electric, hybrid, and plug-in hybrid vehicles surged by 44.1%, 38.4%, and 4.2%, respectively. Collectively, these categories accounted for a substantial 65.6% of total EU registrations, marking a significant rise from the 56% recorded in August 2024.