Registrations of 100% electric vehicles have overtaken those of diesel cars. Archive photo: Matic Zorman / Maison Moderne

Registrations of 100% electric vehicles have overtaken those of diesel cars. Archive photo: Matic Zorman / Maison Moderne

In the first six months of the year, the number of new passenger car registrations rose by 21% compared with the same period in 2022. This growth is being driven by cars registered by private individuals, a sign of renewed consumer confidence.

On Thursday 6 July, the House of Automobile published the results of registrations in the second quarter of 2023. Over the first half of the year, it recorded 26,494 new car registrations. This corresponds “to an increase of 21% compared with the same period in 2022, representing a gain of 4,652 cars.”

This increase is mainly attributable to private customers, “who fuelled the growth with an increase of 25%, compared with 19% for company cars.” For the group of federations, this reflects the renewed confidence of consumers, who were reluctant to invest in a new vehicle in the face of extended delivery times for new vehicles and rising prices. In fact, “most manufacturers have in the meantime been able to get their supply problems under control, which means that delivery times are in the process of normalising.”

In terms of engine choice, petrol cars remain the most popular, accounting for 35.4% of registrations. It’s a figure that has remained stable since the beginning of last year. The House of Automobile points out that registrations of 100% electric vehicles (BEVs) have “overtaken those of diesel cars, which now account for just 16.6% of registrations,” while in the first half of 2023, the share of BEVs is 20%.

Of this 20%, 14.6% of registrations are attributable to companies and only 5.4% to private individuals. Driven by regulations and leasing companies, more and more companies are electrifying their fleets. According to the House of Automobile, one in four company cars is 100% electric.

This story was first published in French on . It has been translated and edited for Delano.