In the first quarter of 2022, the share of hybrid and electric vehicles in Europe continued to increase, according to the Association of European Automobile Manufacturers (ACEA), with sales of electric vehicles in Bulgaria growing by 173.7% over the period.

According to bourgas.ru, according to the Association of European Automobile Manufacturers (ACEA), in the first quarter of 2022, the share of hybrid and electric vehicles in Europe continued to increase, while sales of electric vehicles in Bulgaria increased by 173.7% over this period.

The sharp decline in the European market in the first three months of the year (-12.3% year-on-year) due to a shortage of semiconductors affected mainly sales of diesel vehicles, which fell by 33.2% to 378,000 units.

In contrast, the situation is favorable for hybrid vehicles (petrol and diesel), which already account for a quarter of the market compared to 20% at the beginning of 2021 (563,000 vehicles, + 5.3% in one year).

100% electric vehicles also continue to gain market share and already hold a 10% share with 224,000 vehicles sold in the first quarter (+53.4% ​​yoy).

After conquering major markets such as Germany and France, sales of electric vehicles are currently growing strongly in Spain, Romania and Poland. Only in Italy is there a slowdown in anticipation of the announcement of new surcharges for the purchase of electric vehicles.

According to the association’s website, many European markets reported triple-digit percentage growth, with the strongest growth seen in Romania (+408.0%). Of the four largest European markets, Spain (+110.3%) reported the fastest growth, followed by France (+42.7%) and Germany (+29.3%). The only decline in this market in Europe was recorded in Italy (-14.9%).

Plug-in hybrid vehicles continued the downward trend in sales that began in late 2021 (-5.3% yoy, 8.9% market share), especially in France and Germany.

Gasoline vehicles still dominate European sales with 808,000 units, representing 36 percent of the market, but they are also suffering from a sharp drop in sales (-22.6% year on year). They are preceded by general sales of hybrid, electric and battery vehicles.

The European market experienced three of the most difficult months in its history (excluding 2020), with 2.2 million vehicles sold. Sales are being held back by a number of logistical issues, including a shortage of semiconductors.

Since the end of February, the shortage of electronic components has been facilitated by the suspension of production by Ukrainian suppliers since the end of February.

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