Sales of electric vehicles increased by 60.6 per cent in the European Union in July, according to the European Automobile Manufacturers Association.
Total new car registrations jumped 15.2 per cent to 851,156 in July, the 12th consecutive month of growth as manufacturers recover from pandemic-related supply chain issues, the ACEA said.
Full EVs made up 13.6 per cent of all new car sales, while plug-in hybrids, which have both a combustion engine and a large battery, accounted for 7.9 per cent.
A number of European Union countries subsidise EV sales, although some, such as Germany, have recently reduced or phased out incentives.
Between January and July this year, most European car markets saw double-digit sales growth, including Spain (21.9 per cent), Italy (20.9 per cent), France (15.8 per cent), and Germany (13.6 per cent).
Diesel stalls
Petrol car sales in the EU were up 5 per cent at 304,903 in July, but their market share fell from 39.3 per cent to 35.8 per cent, the ACEA said.
However, sales of diesel vehicles fell 9.1 per cent, despite strong growth in Slovakia and Romania where they grew 36.1 per cent and 19.8 per cent respectively.
Overall, diesel cars now account for a market share of 14.1 per cent, down from 17.9 per cent in July last year.
Europe's largest car maker, Volkswagen, saw a 17.9 per cent increase in sales in July, while BMW and Renault saw sales rises of 22.5 per cent and 16.9 per cent respectively.
But Fiat and Peugeot maker Stellantis, which continues to be hampered by logistics problems, parked a 6.1 per cent fall in sales in July, the ACEA said.
UK car exports boom
Meanwhile, the number of cars built in the UK in July rose by 31.6 per cent to 76,451 units, according to the Society for Motor Manufacturers and Traders.
Exports increased by more than a third (36.1 per cent) to 63,264, while the number of cars manufactured for the UK market rose by 13.7 per cent to 13,187.
While UK carmakers have continued to recover from recent difficulties, including global chip shortages, output was still 29.4 per cent lower than in July 2019, before the Covid pandemic, the SMMT said.
Nonetheless, July was the sixth consecutive month of production growth, with exports accounting for 82.8 per cent of the total.
The top export markets were the EU, the US, China, Japan and Australia.
Electrifying growth
Two out of every five cars built in the UK in July were either high-tech hybrid electric (HEV), plug-in hybrid (PHEV) or battery electric vehicles (BEV). More than 30,000 of these models were made, a 74 per cent increase on July last year.
“Six months of growth shows that British car production is recovering and, with electrified models increasingly driving volumes, the future is more positive,” said Mike Hawes, chief executive of the Society for Motor Manufacturers and Traders.
“Recent investment announcements have undoubtedly bolstered the sector but global competition remains tough.
“If we are to attract further investment and produce the next generation of zero-emission models and technologies, we need a coherent strategy that builds on our strengths and supports all aspects of advanced automotive manufacturing.”
The latest independent production outlook points to UK car production reaching about 860,000 units this year, which would be an 11 per cent increase on 2022, with the possibility that production will return to a million vehicles manufactured annually by 2028.
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh359,000
On sale: now
Race card:
6.30pm: Baniyas (PA) Group 2 Dh195,000 1,400m.
7.05pm: Maiden (TB) Dh165,000 1,400m.
7.40pm: Handicap (TB) Dh190,000 1,200m.
8.15pm: Maiden (TB) Dh165,000 1,200m.
8.50pm: Rated Conditions (TB) Dh240,000 1,600m.
9.20pm: Handicap (TB) Dh165,000 1,400m.
10pm: Handicap (TB) Dh175,000 2,000m.
The specs: Lamborghini Aventador SVJ
Price, base: Dh1,731,672
Engine: 6.5-litre V12
Gearbox: Seven-speed automatic
Power: 770hp @ 8,500rpm
Torque: 720Nm @ 6,750rpm
Fuel economy: 19.6L / 100km
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
FIGHT%20CARD
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
The%20specs
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Company profile
Company name: Dharma
Date started: 2018
Founders: Charaf El Mansouri, Nisma Benani, Leah Howe
Based: Abu Dhabi
Sector: TravelTech
Funding stage: Pre-series A
Investors: Convivialite Ventures, BY Partners, Shorooq Partners, L& Ventures, Flat6Labs
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20Z%20FLIP5
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Black Panther
Dir: Ryan Coogler
Starring: Chadwick Boseman, Michael B Jordan, Lupita Nyong'o
Five stars
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Specs
Engine: Dual-motor all-wheel-drive electric
Range: Up to 610km
Power: 905hp
Torque: 985Nm
Price: From Dh439,000
Available: Now
THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
KILLING OF QASSEM SULEIMANI
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Most sought after workplace benefits in the UAE
- Flexible work arrangements
- Pension support
- Mental well-being assistance
- Insurance coverage for optical, dental, alternative medicine, cancer screening
- Financial well-being incentives
Recycle Reuse Repurpose
New central waste facility on site at expo Dubai South area to handle estimated 173 tonne of waste generated daily by millions of visitors
Recyclables such as plastic, paper, glass will be collected from bins on the expo site and taken to the new expo Central Waste Facility on site
Organic waste will be processed at the new onsite Central Waste Facility, treated and converted into compost to be re-used to green the expo area
Of 173 tonnes of waste daily, an estimated 39 per cent will be recyclables, 48 per cent organic waste and 13 per cent general waste.
About 147 tonnes will be recycled and converted to new products at another existing facility in Ras Al Khor
Recycling at Ras Al Khor unit:
Plastic items to be converted to plastic bags and recycled
Paper pulp moulded products such as cup carriers, egg trays, seed pots, and food packaging trays
Glass waste into bowls, lights, candle holders, serving trays and coasters
Aim is for 85 per cent of waste from the site to be diverted from landfill
Sweet%20Tooth
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Company profile
Date started: 2015
Founder: John Tsioris and Ioanna Angelidaki
Based: Dubai
Sector: Online grocery delivery
Staff: 200
Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends
UAE currency: the story behind the money in your pockets
