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Makings EVs Great Again — EV Share Jumps to 35% in Europe!
Thanks to a number of factors (new models, high gas prices, mass arrival of Chinese models, etc.), EVs have picked up again in Europe. Close to 400,000 plugin vehicles were registered in Europe in May, 275,000 of them being pure electrics (BEVs). Overall, plugin vehicles were up 28% YoY.
While PHEV growth is decreasing (May’s 10% growth rate is the lowest of the past 12 months), BEVs are picking up (they jumped 39% YoY).
And that shift is also visible in the BEV vs. PHEV sales breakdown, with BEVs having 69% of all plugin sales in May. That pushed their yearly average to 68%.
