Vehicle Registrations and Market Share of BEVs in the EU
All manufacturers have achieved their respective CO2 targets for 2022, with an average over-compliance of nearly 12 g/km. The Mazda-Subaru-Toyota pool is the only industrial consortium that is exempt from compliance requirements, and may still make use of super-credits.
In 2022, Norway had the highest registration share of BEVs and PHEVs (88%), followed by Iceland (58%), Sweden (56%), Finland (38%), Denmark (38%), the Netherlands (35%), Germany (31%), Belgium (26%) and Luxembourg (24%), all of which had registration shares that were above the European average of 23%.
New registrations of light commercial vehicles (vans) decreased by an average of 18% across all EU manufacturers in 2022 compared to 2021. The Stellantis group reported a higher share of battery electric vans (10%) than the overall market average, with the average share increasing from 6% in the third quarter to 8% in the fourth. The average share of battery-electric vans rose by two percentage points (5%) in 2022. The highest percentage of battery-powered vans (8%) was recorded in Germany in 2022. All manufacturers, apart from the Renault-Nissan-Mitsubishi group, achieved their CO2 targets for 2022, with Stellantis surpassing them by 25 g/km.
Source: European passenger car and light commercial vehicle registrations: January–December 2022 | The ICCT