Electric Vehicles: 1.5 Million Registrations in EU in 2023
Fleet in circulation has reached 4.5 million, Denmark has the highest percentage, while Cyprus, Greece, and Poland are black sheep
While there are signs of a slowdown in electric vehicle sales in 2024, there are 1.5 million purely battery-powered vehicles registered in the European Union in 2023. Based on 2023 data, the total electric vehicle fleet will reach 4.5 million, a 48.5% increase from 2022’s total of 3 million.
The share of battery electric vehicles in new registrations remained below 1% until 2018 and then gradually increased over the past 4 years: 5.3% in 2020, 9.0% in 2021, 12.1% in 2022, and 14.6% in 2023. As for the total number of vehicles, the figure is still very low: only 1.7 vehicles out of 100 in the 27 EU countries are electric.
Such data is provided by Eurostat, which also compiles the ranking of countries. Denmark dominates the ranking with 7.1% of the total number of electric vehicles, followed by Sweden with 5.9%, Luxembourg with 5.1%, and the Netherlands with 5%. The least “virtuous” countries are Cyprus, Greece, and Poland with 0.2%. There is a total of 14 countries with a share of less than 1%, including the two largest, namely Italy and Spain.
