by supplychainreport
New car sales in Europe increased year-on-year in November for the fifth consecutive month, supported by rising electric vehicle (EV) registrations across key markets including Germany, Italy, and Spain, according to data from the European Automobile Manufacturers’ Association (ACEA).
Battery electric vehicles accounted for 21% of the market share in the European Union, 26% in the United Kingdom, and nearly 98% in Norway. Hybrid and plug-in hybrid models also contributed to growth, with EV-related registrations collectively reaching 65.6% of total vehicle registrations in the bloc, up from 56% in August 2024. Total car sales in the EU rose 2.1% to nearly 900,000 vehicles, reflecting steady demand recovery across the region.
The data highlights the increasing role of EVs in Europe’s automotive sector, influencing production planning, supply chain management, and logistics operations. While overall sales remain below pre-pandemic levels, the shift toward electric and hybrid vehicles underscores the industry’s long-term transition and the importance of efficient distribution networks to meet growing market demand.
#SupplyChainReport #EVMarket #AutomotiveNews #TradeUpdate #LogisticsTrends
