The global car market: APV alternative powered vehicles

The sector of BEV (fuel electric vehicles) and PHEV (plug-in hybrid electric vehicles) vehicles is rapidly growing worldwide.

The chart below demonstrates how the market for BEV and PHEV cars is expanding, especially in China and the United States.

ECV stands for “electrically chargeable vehicles” and its comprehends:

  • BEV (battery electric vehicles);
  • EREV (extended-range electric vehicles);
  • FCEV (fuel cell electric vehicles);
  • PHEV (plug-in hybrid electric vehicles).

The current situation in Europe

In 2018, APV car registrations in the European Union grew significantly (+ 30.4%). In particular, electrically recharged vehicles (ECV) had the highest percentage growth (+ 38.2%).

Norway is still the largest market for battery electric vehicles (BEVs) in Europe, with 46,443 units registered in 2018. Norways is followed by Germany and France.

Hybrid electric vehicles (HEVs) also performed very well last year (+ 35.6%), representing more than half of all APV registrations, rappresentando oltre la metà delle immatricolazioni APV.

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The global car market: APV alternative powered vehicles was last modified: July 22nd, 2020 by Team VP Solar