Battery EV (BEV) registrations, a proxy for retail sales, climbed 51 per cent month on month in March, topping 224,000 units across 15 key European Union (EU) markets, according to data jointly released by research firm New Automotive and industry consortium E-Mobility Europe on Monday.
“March’s surge in electric car sales is one of Europe’s biggest recent gains in energy security, in a month when oil dependence became a real vulnerability,” said Chris Heron, secretary general of E-Mobility, in a statement. “Across the EU’s major markets, EV sales are growing at rates above 40 per cent, marking a clear step change, not statistical noise.”
He added that the more than 500,000 BEVs delivered in the EU in the first quarter of the year could cut roughly two million barrels of oil demand a year.
The report did not include the sales of different carmakers.