European Electric Vehicle Trends in 2024
Electric Vehicle is part of Motor Vehicle and includes a number of sub-sectors such as Clean Mobility, EV Charging, EV Charging Infrastructure, Battery Material and EV Technology. You may also be interested in Motorcycle, Light Vehicle and Commercial Vehicle.
The registration of electric vehicles in Europe is projected to surge, reaching approximately 4.6 million units by 2028. This marks a significant increase from around 2.8 million units in 2023, reflecting an average annual growth rate of 7.9%. Since 2019, the European electric vehicle market has experienced a robust expansion, with an impressive year-on-year growth rate of 53.3%. In 2023, Germany led the charge in electric vehicle registrations, boasting approximately 1.2 million units. Trailing behind were Sweden, Italy, and the Netherlands, securing the second, third, and fourth spots, respectively. Among the standout performers, Greece recorded an extraordinary year-on-year increase of 87.6%. Meanwhile, Bulgaria also showed positive momentum, with a year-on-year growth of 6.5% since 2019.
Top 10 countries
In 2024 major markets in the Electric Vehicle Industry were:
Electric Vehicle Market Data and Forecasts
How much the Electric Vehicle industry is expected to grow to 2028?
More in Electric Vehicle Industry for 2028Global Electric Vehicle Statistics
- Electric Vehicle Fleet 53 countries (Europe, Northern Europe, Western Europe...)
- Car In Use 173 countries (Europe, Southern Europe, Northern Europe...)
- Electric Vehicle Registration 38 countries (Europe, Northern Europe, Western Europe...)
- Bus Fleet 57 countries (Europe, Northern Europe, Southern Europe...)
- Car Registration 174 countries (Europe, Northern Europe, Western Europe...)
- Bus Registration 52 countries (Europe, Western Europe, Northern Europe...)
- Electric Vehicle Import 38 countries (Europe, Northern Europe, Southern Europe...)
- Electric Vehicle Export 38 countries (Europe, Northern Europe, Southern Europe...)
- Truck Registration 49 countries (Europe, Northern Europe, Western Europe...)
- Car Sales 66 countries (Europe, Northern Europe, New Zealand...)