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Price continues to stifle plug-in drive momentum, and this map shows the abysmal divide in the EU

A study by the European Automobile Manufacturers Association (ACEA) reveals the correlation between the Gross Domestic Product (GDP) per capita Y the penetration of electrified vehicles.

Thus, countries with a market share of electric vehicles and plug-in hybrids less than 3% (as in the case of Croatia or Poland) have a per capita income of less than 17,000 euros.

Portugal, giving lessons

That

Source: ACEA.

The study carried out by the ACEA based on data from 2020 highlights that price continues to be the main barrier when purchasing an electrified vehicle, and this factor is evident between North and South Europe, as well as between central and eastern Europe.

In the case of Croatia and Poland, two of the countries with the lowest market share for these vehicles (less than 2%), GDP per capita stands at 12,130 euros and 13,600 respectively.

But if we go to Sweden, where the per capita income is more than 45,500 euros on average, the share shoots up to 32.2%. It seems quite logical:

plug-in vehicle quota

pib per cápita

Sweden

32,2%

45.610 €

Netherlands

25%

45.790 €

Finland

18,1%

42.940 €

Denmark

16,4%

53.470 €

Germany

13,5%

40.070 €

Poland

1,9%

13.600 €

Croatia

1,9%

12.130 €

estonia

1,8%

20.440 €

Lithuania

1,1%

17.460 €

Cyprus

0,5%

23.580 €

In the case of Spain, the GDP per capita is 23,690 euros on average (10,000 euros less than our neighboring France), and the share of plug-in vehicles is 4.8%.

Portugal teaches us a lesson In this regard, it places its share at 13.5% with a lower per capita income.

In this scenario, the ACEA explains, 73% of all electric car sales are concentrated in just four Western European countries with some of the highest GDP.

At the other extreme, only 42 electric cars were sold in Cyprus in 2020, representing a market share of 0.5%.

Despite this uneven distribution, electric cars and plug-in hybrids continue to outperform diesel in the EU, with the Tesla Model 3 leading sales.

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Lenny Li

I started to play with tech since middle school. Smart phones, laptops and gadgets are all about my life. Besides, I am also a big fan of Star War. May the force be with you!

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