Press Releases ACEA: Interactive map: Affordability of electric cars, correlation between market uptake and GDP in the EU

ACEA: Interactive map: Affordability of electric cars, correlation between market uptake and GDP in the EU

This map visualises the correlation between the market uptake of electrically-chargeable vehicles (ECVs) and GDP per capita for each of the 27 EU member states and the United Kingdom

https://www.acea.be/news/article/interactive-map-affordability-of-electric-cars-correlation-between-market-u

Key observations

  • Across the EU, 3.0% of all new cars registered in 2019 were electrically-chargeable (ECVs).
  • However, 11 EU member states still have an ECV market share lower than 1%, of which seven countries even have an ECV share of 0.5% or lower.
  • Indeed, the market uptake of electrically-chargeable vehicles (ECVs) is directly correlated to a country’s GDP per capita, showing that affordability is a major barrier to consumers.
  • All countries with an ECV market share of less than 1% have a GDP below €30,000, including EU member states in Central and Eastern Europe, but also Italy and Greece.
  • Almost 80% of all electric car sales are concentrated in just six Western European countries with some of the highest GDPs.
  • There is a clear split in the affordability of ECVs between Central-Eastern Europe and Western Europe, as well as a pronounced North-South divide running across the continent (eg Greece 0.4% and Italy 0.9%).

Top 5: Countries with lowest share of electric cars in the EU

  1. Estonia – 0.3% (GDP of €21,160)
  2. Lithuania – 0.4% (GDP of €17,340)
  3. Slovakia – 0.4% (GDP of €17,270)
  4. Greece – 0.4% (GDP of €17,500)
  5. Poland – 0.5% (GDP of €13,780)

ECV market share of the 5 biggest EU car markets

  1. Germany – 3.0% (GDP of €41,510)
  2. United Kingdom – 3.1% (GDP of €37,780)
  3. France – 2.8% (GDP of €35,960)
  4. Italy – 0.9% (GDP of €29,610)
  5. Spain – 1.4% ECVs (GDP of €26,440)

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