EU Battery Electric Vehicle Sales Surge 49% in March

European Unions battery electric vehicle registrations surged by nearly 50% in March, reaching over 20% of the total market. The first quarter numbers show a 19.4% share for battery electrics, up from 15.2% in 2022, driven by new tax breaks and incentives in major countries. Hybrids still lead with 38.6% of sales, while plug-in hybrids climbed to 9.5%. Petrol and diesel cars continue to decline, with petrol down significantly from 28.7% and diesel at just 7.7%. Overall sales rose 4% due to these incentives. High fuel costs from the Iran war and energy disruptions are pushing consumers towards electric vehicles lower running expenses, indicating a smooth transition to cleaner rides in Europe. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5b189ee3918f7235