BEVs Surge 34% in Europe, Dominating October Sales
European electric vehicle (EV) sales continued their upward trajectory in October, with battery-electric vehicles (BEVs) witnessing a 34% year-over-year increase to reach a market share of 21%. Overall, plugin vehicles saw a significant rise of 36%, contributing to the growing trend towards electrification.Key TakeawaysBEVs achieved a record high of 21% market share in October.Total plugin vehicle registrations reached 346,000 units, up by 36% YoY.The overall car market grew by 5%, with BEVs and PHEVs leading the charge.October’s sales data highlights a significant shift towards electrified vehicles in Europe. With 229,000 BEV registrations, these cars now account for nearly one-fifth of all new car sales in October. Additionally, plug-in hybrid electric vehicles (PHEVs) saw an impressive ...