10 Jul, 2024 @ 21:00
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Electric vehicle sales rose by 49% in Spain in 2023 but continue to lag way behind European average

Electric vehicle sales rose by 49% in Spain in 2023 but continue to lag way behind European average

ELECTRIC vehicle sales in Spain went up by 49% last year according to the Spanish Association of Automobile and Truck Manufacturers(Anfac).

124,607 electric vehicles (fully-electric and plug-in hybrids) were sold in 2023, of which nearly 114,000 were passenger cars.

The share of the overall vehicle sales market is 12%- two points higher than in 2022 but far lower than the European average of 21%.

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Anfac has called for government help to boost electric sales to achieve a target this year of around 280,000.

Pure electric vehicle sales reached almost 62,000 units- 75% more than the previous year.

Plug-in hybrids that accumulated 63,000 sales(up 30%) while the biggest number of deals were for non-plug-in hybrids, with almost 308,000 units sold(up 27%).

Anfac’s annual report revealed that the average age of the Spanish car fleet rose again in 2023, standing at 14.2 years old.

Last year, six out of ten vehicles of the over 30 million in circulation were 10 or more years old with only 1.2% electrified.

Meanwhile a report also published on Wednesday by the National Association of Vehicle Sellers (Ganvam) reveals that in the first half of 2024 the average price of used cars in Spain rose by 5.5% to reach an average of €19,995.

Over one million used vehicles were sold up to the end of June, with 41% of them being over 15 years old.

The new vehicle sales sector is still below pre-pandemic figures, but it is gradually rising.

In 2023, the market closed with 949,359 passenger car sales- an increase of 16.7% on the previous year, but still 24% below 2019 figures.

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