Overview of Cars and New Energy Vehicles in Europe in February
After a difficult January, new energy vehicles in Europe are gradually recovering.
New energy vehicle penetration in Europe: Currently, the penetration rate in Europe is mostly in the range of 20%-30%.
Currently, the demand for plug-in hybrid vehicles is very weak in Europe, and with subsidies first declining in this area, demand for plug-in hybrid vehicles continues to weaken.
The French automobile market is also gradually recovering vitality, with passenger car sales of 126,200, a year-on-year increase of 9.4%.
The German automobile market is gradually recovering, but is heavily affected by the sharp decline in demand for plug-in hybrids.
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