France sees impressive 53% surge in plug-in car sales in August 2023

France sees impressive 53% surge in plug-in car sales in August 2023

Continuing to expand, the automobile market of France enjoyed a remarkable 24 per cent surge in new car registrations in August, with a total of 113,599 units getting registered. Notably, plug-in car sales outpaced the race, claiming a bigger slice of the market. According to newly published stats, France registered a total of 29,184 new plug-in electric cars during the month of August this year, marking a remarkable 53 per cent year-over-year growth. In terms of market share, the plug-in car segment commanded a whopping 25.7 per cent, significantly up from 20.9 per cent the previous year.

The all-electric segment (BEV) stole the spotlight, with an impressive 60 per cent surge year-over-year. Nearly 20,000 BEVs were sold last month, capturing a robust 17.3 per cent of the market share.

To be more precise, passenger BEV registrations soared to 19,657 units, marking a growth of 60 per cent year-over-year, securing a substantial 17.3 per cent market share. Passenger PHEVs didn’t remain far behind, boasting a 41 per cent surge with 9,527 new registrations, commanding an 8.4 per cent market share. When combined, these passenger plug-in vehicles have reached an impressive 29,184 registrations, which represents a 53 per cent surge in total, with a stunning 25.7 per cent of the market. Even in the category of light commercial vehicles (LCVs), notable growth was recorded, thanks to 1,272 new registrations, which represents a remarkable 55 per cent rise with a 5.9 per cent market share.

Plug-in hybrids for commercial use were also found to be on the upswing, with a 37 per cent surge and a total of 26 new registrations. Altogether, the EV fleet registrations grew to an impressive 30,482 units, up 53 per cent year-over-year.

Year-to-date (YTD) registrations also painted an encouraging picture of the EV sales growth. Passenger BEVs lead the charge with 174,443 registrations, represents a growth of 47 per cent with a solid 15.4 per cent market share. Passenger PHEVs also showed significant growth of 31 per cent, with 100,747 units registered. Altogether, the total of passenger plug-in car registrations soared to 275,190 units, marking a 41 per cent growth year-over-year. In the segment of light commercial vehicle, BEVs emerged as the star, thanks to a staggering 128 per cent growth with 17,995 registrations.

Zooming through the first eight months of 2023, the pole position was claimed by the Tesla Model Y with a total of 22,423 units registered. The agile Dacia Spring and the stylish Peugeot followed at the second and third positions, with 18,589 and 15,150 units registered, respectively.

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