APIA: Acquisitions of “green” cars, increasing in Romania, in the first quarter

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While acquisitions of “green” cars (electric & hybrid) in Europe experienced a significant increase in the first quarter of 2020, although the general evolution of the car market was negative, in Romania they reached a market share of 5.7%, compared to only 4.1% in the same period in 2019, according to data from the Association of Automobile Manufacturers and Importers (APIA), which cites the latest analyzes published on this subject.

“Recent publicly available analyzes show that in the context of the COVID-19 pandemic the acquisitions of ‘green’ cars (electric & hybrid) in Europe (but also in Romania) experienced a significant increase in the first quarter of 2020, although the general evolution of the market was a negative one (-26.3% on the EU-EFTA + UK as a whole, with -22.2% in Romania). Thus, according to the recently published JATO and PwC studies, electric cars registered consistent growth in Europe both in March and throughout the first quarter, Europe being the global leader in the ‘green’ car (PwC) market in the first quarter of 2020. In this context, electric cars registered a 15% increase in registrations in March 2020, which corresponds to a market share of 17.4%, respectively +10.1% compared to March last year (JATO),” it is shown in APIA’s release, according to Agerpres.

Also in Romania, says APIA, the evolution in the first quarter of 2020 of “green” cars is a positive one, reaching a market share of 5.7%, compared to only 4.1% the previous year.

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