The State of the European BEV Market in 2024: Opportunities & Obstacles

The State of the European BEV Market in 2024: Opportunities & Obstacles

The European market for battery electric vehicles (BEVs) remains dynamic in 2024, with total registrations slightly declining by -1.3% to 1,993,102 units. However, beneath this modest drop, significant differences between markets reveal a shifting landscape with both opportunities and challenges. The following graphic provides a detailed overview of BEV sales and market share in European countries with over 200,000 total vehicle sales in 2024.

Source: ACEA, Graphic: CAM

?? Key Highlights:

  • Some smaller markets experienced strong growth, indicating increasing consumer acceptance and improved infrastructure.
  • Established BEV leaders, such as Sweden (35.0%) and the Netherlands (34.7%), continue to achieve high market shares.
  • Major markets, including Germany (13.5%) and France (16.9%), show moderate BEV penetration, suggesting room for further expansion.
  • Countries like Spain (5.6%), Italy (4.2%), and Poland (3.0%) lag behind, highlighting the need for stronger policy support and incentives.

?? Challenges & Market Trends:

  • The decline in overall BEV registrations reflects uncertainties in government incentives, charging infrastructure, and economic conditions.
  • While high-volume markets continue to dominate in absolute numbers, their BEV shares are not growing as fast as expected.

·?????? Consumer demand varies by market: while it remains strong in some regions, it is weaker in others. However, affordability and charging convenience are universally crucial factors for further acceleration.

?? Outlook for the Future: The 2024 BEV market performance underscores the importance of consistent policies, infrastructure investments, and competitive pricing. As new technologies, the potential for BEV growth remains significant, but requires strategic efforts across all stakeholders.

? What are your thoughts on the BEV market trends in 2024? Let’s discuss! ??

Best regards, Stefan Bratzel Director, Center of Automotive Management

For more information about us, visit our website: https://auto-institut.de/

D. Langston

Event Director

3 周

It's fascinating to see how diverse the BEV landscape is across Europe. What trend do you think will have the biggest impact in 2024?

回复
Dr. Jens Katzek

Gesch?ftsführer ACOD (Automotive Cluster Ostdeutschland GmbH)

4 周

Vor dem Hintergrund, dass in D in 2024 380.600 BEV zugelassen wurden (= - 27%) wir aber gleichzeitig?bei den PHEV 191.990 Zulassungen gesehen haben (also + 9 %!!), w?re es au?erordentlich interessant, diese Tabelle der einzelnen EU-Staaten für BEV plus PHEV zu betrachten. K?nnten Sie diese ggf. auch zur Verfügung stellen?

Juergen Stackmann

Advisor to AVAG group and Grupo Antolin, Director Future Mobility Lab (IMO) at Universit?t St.Gallen (HSG)

4 周

Danke für die transparente und gute Analyse. Es gibt halt keinen ?Absturz‘ von E-Mobilit?t in Europa, wie wir ihn in Deutschland erleben und empfinden. Um den Hebel in Europa wieder auf Wachstum zu legen müssen wir halt gerade bei uns zu Hause wieder im gesellschaftlichen Diskurs, in politischer Unterstützung und zielgerichteten Aktivit?ten der Hersteller und H?ndler die Ampel auf ?Grün‘ stellen. Wie das geht sieht man in allen L?ndern, die seit Jahren positiv mit dieser Transformation umgehen. Lets do our homework, Baby!

Dirk Heu?

At the right time to Market - ICT-Consultant & -Trainer - Keynotes - Autor - General AI Architect

4 周

Super, danke für's teilen!

要查看或添加评论,请登录

Stefan Bratzel, Prof. Dr.的更多文章

社区洞察

其他会员也浏览了