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Electric Car Sales Surge in Europe in January 2026 - Petrol and Diesel Crashes

Europe’s electric car sales jumped sharply in January 2026 as demand for battery-powered vehicles outpaced petrol and diesel models, which saw significant declines. The shift reflects tightening emissions rules, wider EV availability, and growing consumer interest in cleaner mobility across the region.
Döküm
00:00Guys, fantastic news. If you're a fan of electric cars, and if you're watching this channel,
00:04you probably are. Although I do have some haters out there that like to, I don't know, sometimes
00:09stalk me a little bit. Europe EV sales in January this year hit a record 19.3%. That's purely
00:18electric cars. One in five cars sold in Europe, all across Europe, were fully electric. But
00:24in some places, the rise of EV sales was staggering. Get a hold of these numbers, right?
00:30Across the EU, EFTA and UK, so this is basically all of Europe as we know it, 190,000 electric
00:38cars
00:38were registered in January 2026. That is up from 165,000 a year ago, a 14% increase.
00:47EV market share in the EU hit 19.3%, up from 14.9% in January 2025. However, in France,
00:58EV sales rose
00:59by 52%. In Germany, 24% increase, and Denmark, 52.7%. So the overall car market went down, EV sales
01:12went
01:13up. That's kind of why the numbers don't look that impressive, right? I said before, 165,000 were sold
01:18in January last year. This January is 189,000. Part of the reason is because less cars in general
01:24were sold across the entire car market. But those numbers from Germany and France and Denmark were
01:32quite remarkable. Now, Norway, their EV sales did not increase at all. Extremely disappointing from
01:39Norway. Just joking. When you're already at 99%, where can you go from there, right?
01:44The growth looks even more impressive if you... Well, okay. Tesla, their EV registrations across the
01:52EU, EFTA and the UK were actually down a bit. So they affected the numbers. If you exclude Tesla from
02:00the numbers, EV sales actually rose by 16%, not 13.8%. One winner, though, in the UK and Europe and
02:09Northern Europe, places outside the European Union, was BYD. BYD registered 18,000 vehicles in January
02:162026, surging 165% year over year. So great increase for BYD. But the only thing I'd say is that
02:24a lot of
02:24those cars were plug-in hybrids because BYD doesn't pay tariffs on plug-in hybrids. So they've really
02:31focused more on those vehicles. However, BYD now holds a 2% market share across all of Europe,
02:37compared to Tesla's 0.8%. Actually, BYD's is 1.9%, Tesla's is 0.8%. So while Tesla sales are going
02:45down in Europe, not enormously, but they definitely are contracting, the broader European car market is
02:50shifting rapidly toward electrification. Petrol registrations, as in registrations of gasoline-powered
02:56cars in the EU, fell by 28% year over year. France down 49%. Germany down 30%. Diesel fell 22
03:05.3%.
03:06So diesel and gasoline, purely diesel and gasoline-powered cars are going to be extinct pretty
03:12soon. Plug-in hybrids increased their sales by 32.2%. Now, unfortunately, Europe's, their rule
03:20are basically pushing more plug-in hybrids into the market, which is what we don't want.
03:25All the real-world data shows they're not what we want. Guys, there's a report last week saying that
03:31plug-in hybrids actually pollute three times more than what they say and use way more fuel than what
03:38they say. So I think Europe's decision to enable China to bring in plug-in hybrids and not EVs was
03:48bizarre. Because you want EVs on the roads, not plug-in hybrids. Anyway, plug-in hybrids increased by
03:5532.2%, hitting 99,654. Italy was up 134%, Spain up 67%. The most popular power choice though in Europe
04:05is hybrids with 38.6% market share. So hybrids have 38.6% market share, plug-in hybrids around
04:1210%,
04:13and fully electric cars, nearly 20%. So guys, overall, I think this is quite good news.
04:21The good news is they're selling more electric cars in Europe. Now imagine if, or when, we see more
04:28Chinese automakers setting up in Europe or doing what some of them are doing, which is contract
04:33manufacturing in Europe, where they basically assemble the cars in Europe in order to avoid
04:36these big tariffs. Imagine when that's happening more. I think we're going to see by 2030, my estimate
04:42for EV market share in Europe is 75% in 2030. That's only four years away, but I actually think
04:50it's going to happen. I know we're going to go from 20 to 75. That's a big jump. There's a
04:55few reasons why
04:56it's extremely likely that will happen. One of those is the rules on emissions. Emissions rules are going
05:03to be extremely punitive by 2030. And the other reason is because of the cost of electric cars.
05:11Now, EVs in Europe are still much more expensive than internal combustion cars. But as Volvo CEO said,
05:18by 2030, EVs will actually be cheaper, even in Europe.
05:23Thanks for watching.
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