Europe August Car Sales Rise as EV Demand Jumps
European car sales rose in August as surging demand for electrified vehicles offset steep declines in petrol and diesel registrations. Chinese automakers expanded their market share across the region.
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European car registrations rose 5.3% to 832,637 vehicles in August, driven by surging demand for electrified models that offset steep declines in combustion-engine sales. The growth extended across the European Union, Britain, and the European Free Trade Association, according to data from the European Automobile Manufacturers Association released on Thursday afternoon. The shift highlights how battery-electric and hybrid vehicles are reshaping regional transport markets despite rising energy costs and geopolitical headwinds.
