The growth rate of new energy vehicles in the European market reached 37%, and the penetration rate reached 23% (year-on-year in July)

According to the latest data, in July this year, nine European countries registered a total of 174,000 new energy vehicles, an increase of 37% year-on-year. However, registrations fell by 26% compared to the previous month. Despite seasonal changes in delivery pace, the new energy vehicle market continues to show steady growth. In addition, the penetration rate of new energy vehicles in the European market also increased by 23%, an increase of 3.3 percentage points compared with the same period last year. Data shows that the new energy vehicle market is gradually penetrating into the European automobile market

The cumulative number of European new energy vehicle registrations from January to July this year has reached 1.239 million, year-on-year An increase of 20%. Especially in July, the year-on-year growth was 37%, setting a record this year. Expert analysis believes that the reason for this growth is that the diversity of models on the supply side has increased, which has stimulated the growth of market demand. In addition, the improvement of supply capacity and the shortening of delivery cycle have also provided strong support for the prosperity of the market

According to the editor's understanding, major European automakers are actively increasing the research and development and production of new energy models. , to meet the continuous expansion of market demand. In addition, the supporting policies of various governments for new energy vehicles are also promoting the rapid development of the market. At the same time, the increase in environmental awareness and consumers' recognition of new energy vehicles has caused the market demand for new energy vehicles to continue to grow.

What cannot be ignored is the improvement in supply capacity. The shortened delivery cycle also provides a solid foundation for the rapid development of the new energy vehicle market. On the one hand, while suppliers are constantly improving production capacity, they are also optimizing supply chain management to shorten delivery cycles. On the other hand, the government has gradually increased its support for the new energy vehicle industry, such as the construction of charging facilities. These measures have helped lower the threshold for consumers to purchase new energy vehicles, thereby stimulating market demand.

It is expected that by 2023, CITIC Construction Investment expects European electric vehicle sales to reach 3.1 million to 3.2 million units, a year-on-year increase of 25%. Due to the further maturity of new energy vehicle technology and intensified market competition, the European new energy vehicle market is expected to continue to maintain rapid growth

The above is the detailed content of The growth rate of new energy vehicles in the European market reached 37%, and the penetration rate reached 23% (year-on-year in July). For more information, please follow other related articles on the PHP Chinese website!