European new car sales rose 18.5% in May, electric vehicles take larger share

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European new car sales rose 18.5% in May, electric vehicles take larger share
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European new car sales jump 18.5% in May, with EVs taking a bigger market share

New car registrations in Europe jumped in May with battery-electric vehicles taking a bigger market share than a year ago, the European Automobile Manufacturers’ Association said Wednesday.

Registrations, which reflect sales, totaled almost 1 million, an 18.5% jump from last May, according to the European car industry group known as ACEA. Fully electric vehicle sales rose 71% year over year to around 130,000. That equates to 14% of all European Union car sales, up from 9.6% a year ago, ACEA said.German car maker Volkswagen Group accounted for 243,000 registrations, a 19.5% rise over last May, ACEA said.

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