Electric car registrations surpassed 100,000 units in Europe, with Tesla making the top 25 rankings.
Data published by JATO Dynamics shows that the European car market registered its seventh consecutive month of decline in March '19.
The strong decline is a result of growing political uncertainty regarding Brexit, as well as low emission and clean air zones being introduced in cities.
Although, it's not all bad news. Whilst diesel cars counted for 31% of total registrations, the lowest monthly share since September 2000, the demand for electric cars - BEV, PHEV, HEV - has grown rapidly. In March, electric vehicles exceeded the 100,000 units mark with a total of 125,400 registrations.
The demand was massively led by German, Norwegian, Spanish and Dutch registrations but has demonstrated a clear perception change with electric and alternatively fuelled vehicles.
Felipe Munoz, JATO’s global analyst, commented, “It was always going to be a challenge to maintain the growth rate we’ve seen in recent years thanks to recent events such as WLTP and legislation around diesel, as well as the impending CO2 targets. Despite the negative trend we’ve been seeing since September last year, the market is still strong in terms of volume and offer. In fact, a slow-down after many years of growth is not bad at all.”
The spike in growth with pure electric cars is down to the demand for the Tesla Model 3. Registrations of the Model 3 were recorded at 3,747 units in February, jumping all the way up to 15,755 in March, making it Europe's top selling electric car.
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