In April 2025, the EU new vehicle market continued its recovery trend, with overall new vehicle registrations declining slightly by 1.2% year-on-year. However, new energy models delivered outstanding performance, demonstrating an accelerated transformation of the market structure.
● The market share of battery electric vehicles (BEVs) has risen to 15.3%, a significant increase from 12% in the same period last year, with cumulative sales reaching 558,000 units, a year-on-year increase of 26.4%. Germany, Belgium, and the Netherlands were the core drivers of this growth.
● Hybrid electric vehicles remained the most popular powertrain type, accounting for 35.3% of the market share. Sales in the first four months exceeded 1.28 million units, a year-on-year increase of 20.8%, primarily driven by strong demand in France, Spain, Italy, and Germany.
● Plug-in hybrid electric vehicles also achieved 7.8% growth, increasing their share to 7.9%. Traditional internal combustion engine vehicles continued to lose ground.
● The market share of gasoline-powered vehicles plummeted from 35.6% to 28.6%, with registrations dropping 20.6% year-on-year; diesel vehicles saw a steeper decline, with registrations falling 24.4% and their market share shrinking to 9.6%.
Currently, hybrid vehicles still dominate the development trend in Europe. Only small Nordic countries have achieved higher electrification rates, while larger countries have relatively low electric vehicle penetration rates.
◎ Germany: 242,728 units, 28.8%, including 45,535 BEVs and 24,317 plug-in hybrids;
◎ France: 138,696 units, 24.6%, including 25,542 BEVs and 8,583 plug-in hybrids;
◎ Italy: 130,142 units, 10.3%, including 6,643 BEVs and 7,818 plug-in hybrids;
◎ UK: 120,331 units, 32.1%, including 24,558 BEVs and 14,073 plug-in hybrids;
◎ Spain: 98,522 units, 16.2%, including 6,835 BEVs and 9,122 plug-in hybrids;
◎ Poland: 46,978 units, 10.9%, including 2,552 BEVs and 2,561 plug-in hybrids;
◎ Belgium: 37,812 units, 41.4%, including 12,409 BEVs and 3,282 plug-in hybrids;
◎ Netherlands: 27,157 units, 54.8%, including 9,235 BEVs and 5,650 plug-in hybrids;
◎ Austria: 24,855 units, 33.1%, including 5,690 BEVs and 2,521 plug-in hybrids;
◎ Sweden: 24,292 units, 63.3%, including 8,555 BEVs and 6,829 plug-in hybrids.
The European automotive market presents a rich and diverse competitive landscape.
◎ The Volkswagen Group has led far ahead with a 26.4% market share from January to April, selling 1,176,088 vehicles, a year-on-year increase of 4.5%. Although its year-on-year growth slowed to 0.1% in April, its market share remained at 27.6%, demonstrating strong market dominance.
◎ The Stellantis Group showed slight decline, with a 15.5% market share from January to April, selling 691,121 vehicles, a year-on-year decrease of 9.6%. Its performance in April remained weak, with a 0.5% year-on-year decline.
The Renault Group and BMW Group stood out as growth highlights.
◎ The Renault Group sold 454,895 vehicles from January to April, holding a 10.2% market share, a year-on-year increase of 7.7%, with a 1.1% growth in April, indicating a positive development trend.
◎ The BMW Group sold 317,260 vehicles from January to April, with a 7.1% market share, a year-on-year increase of 2.3%. In April, it even saw a significant 7.5% year-on-year growth, showing strong momentum.
Some groups faced challenges. The Toyota Group, Mercedes-Benz, and others experienced varying degrees of year-on-year declines from January to April and in April.
◎ The Toyota Group sold 322,161 vehicles from January to April, a year-on-year decrease of 6.6%, with an 8.7% year-on-year decline in April.
◎ Mercedes-Benz sold 219,256 vehicles from January to April, a year-on-year decrease of 4.5%, with a 1.7% year-on-year decline in April.
Notably, the performance of SAIC Group and Tesla deserves attention.
◎ The SAIC Group sold 100,517 vehicles from January to April, holding a 2.2% market share, with a year-on-year growth of up to 31.2%, and a 24.5% year-on-year growth in April, continuously expanding its presence in the European market.
◎ Tesla, however, is shrinking, selling 61,320 vehicles from January to April, with a 1.4% market share, a year-on-year decrease of 38.8%, and an even steeper 49.0% year-on-year decline in April.