The electrification of commercial vehicle fleets has increased considerably so far in 2023. Although in the first three quarters of 2023, diesel remained the top choice, accounting for 83% of the market (slightly lower than the 87% share it held in 2022), alternative power sources are gaining popularity, resulting in a gradual shift in market share.
According to ACEA, electrically chargeable vans’ market share surged to 7.3%, nearly doubling in volume with a 91.4% increase. This growth was primarily fuelled by triple-digit percentage gains in the first and third largest markets: France (+102.2%) and the Netherlands (+136.8%).
In trucks, diesel continued to dominate the truck market, making up 95.5% of new truck registrations from January to September this year. EU diesel truck sales grew by a solid 22%, boosted by growth in major markets: Germany (+29.7%), France (+14%), Poland (+11.9%), and Italy (+17.9%). New electric truck registrations surged by an impressive 321.7%, totalling 3,918 units. Germany (+297.9%) and the Netherlands (+1,463.6%) were the main drivers of this growth, making up 65% of EU electric truck sales. Electric trucks now represent 1.5% of the market, significant progress from the previous year’s 0.4%.
On the other hand, in the first three quarters of 2023, new EU electrically chargeable bus sales increased by 31.5%, reaching 3,405 units and capturing a market share of 14.4%, compared to 13% in 2022. Among the EU’s three largest markets, Spain saw remarkable growth at 246.2%, followed by France (+35.8%) and Germany (+26.9%). Hybrid-electric buses sustained momentum with a 156.1% sales increase, more than doubling market share compared to 2022 (up from 5.9% to 12.8%). Substantial growth in France (+477.2%) and Spain (+233.2%), the second and third largest markets, contributed to this result. Despite the growing popularity of electric and hybrid models, diesel buses still maintain the largest market share at 64.7%.
In the first three quarters of 2023, new EU electrically chargeable bus sales increased by 31.5%, reaching 3,405 units and capturing a market share of 14.4%, compared to 13% in 2022.