Sales of Stellantis electric vehicles recorded growth of 1.2% in the European markets in which the consortium operates – it takes the UK into account in its calculations – and ended October with a 12.5% share. In France, volumes grew by more than 10% (more than 31% this year), with the Peugeot e-208 among the best-selling electric vehicles in the first 10 months of the year.
Since the beginning of the year, the Peugeot e-208 and the Fiat 500e have been among the five best-selling zero-emission models, considering passenger cars and commercial vehicles. Thanks to the increase in production, the Citroënë-C3 became the leader of the French market in October 2024. Sales growth also occurred in Portugal (+31.4%), Belgium (+16%), Poland (+12%) and in Booming Figures (+188%) in the UK, where Stellantis is the main manufacturer of electric vans.
Peugeot achieved a particularly good result, with an increase in sales of 12.3% and almost a percentage point in market share compared to last year. Stellantis came first in France, Italy and Portugal this year and on the podium in Germany, Spain and the UK. After the first 10 months of 2024, Stellantis records a market share of 17.5% in the EU29 markets and maintains second position in the community ranking.
Stellantis recorded 30% in France and over 31% in Italy, with five models in the top ten in both markets. In France, the top models include the Peugeot 208, 308, 2008, 3008 and the Citroën C3, while in Italy there are the Fiat Panda, the Lancia Ypsilon, the Citroën C3, the Peugeot 208 and the Jeep Avenger, which has secured its also positioning itself as the best-selling SUV.
In Germany, sales increased by more than 7% in October, with several brands, such as Citroën, Opel, DS Automobiles and Peugeot, recording significant growth compared to last year and maintaining a market share of close to 14%. %. Croatia, the Czech Republic, Estonia, Ireland, Romania and Slovenia have seen significant sales growth so far this year.
“Despite a challenging and evolving market, Stellantis continues to demonstrate its resilience and adaptability in Europe,” said the consortium’s chief operating officer, Jean-Philippe Learnato. “Our strong growth in key electricity segments and our performance in several markets demonstrate our commitment to complying with EU regulations while protecting our ecosystem.”
Stellantis is the country’s only large-volume manufacturer, but its industrial capacity is in recession and is estimated to end the year below 500,000 units.
What are the key factors driving the growth of electric vehicle sales in Europe?
Time.news Editor: Good afternoon, and welcome to this exclusive interview on automotive trends. Today, we’re diving deep into the electric vehicle market in Europe, focusing on Stellantis and its impressive growth trajectory. Joining me is Dr. Eva Moreau, an expert in automotive market analysis. Dr. Moreau, thank you for joining us today!
Dr. Moreau: Thank you for having me! I’m excited to discuss the evolving landscape of electric vehicles.
Time.news Editor: Let’s start with the recent report on Stellantis. They recorded a 1.2% growth in electric vehicle sales across Europe, which is quite notable. What do you think are the driving factors behind this growth?
Dr. Moreau: Several factors contribute to Stellantis’s growth. The increasing consumer demand for sustainable transportation solutions is certainly one of them. Moreover, Stellantis has benefited from expanding its production capabilities and enhancing its model offerings, particularly with popular models like the Peugeot e-208 and Fiat 500e, which have secured spots among the top five best-selling electric vehicles in Europe.
Time.news Editor: It’s interesting to see how specific models are performing. The Peugeot e-208 achieved remarkable success in France, particularly with a 31% increase in sales this year. What sets this model apart from its competitors?
Dr. Moreau: The Peugeot e-208 combines attractive design, competitive pricing, and impressive range, making it an appealing option for consumers transitioning to electric vehicles. Additionally, Peugeot’s strong marketing efforts and a robust dealership network in France have played a vital role in boosting its sales figures.
Time.news Editor: You mentioned the UK in your earlier comments. The report highlighted a staggering 188% increase in sales there. What’s happening in the UK market that’s contributing to such explosive growth?
Dr. Moreau: The UK has emerged as a critical market for Stellantis, especially in the electric van sector, where the company is a leading manufacturer. The government’s push for green transportation, along with incentives for electric vehicles, has propelled sales. Moreover, van fleets are increasingly looking to electrify, and Stellantis’s offerings align well with this trend.
Time.news Editor: Let’s talk about the broader implications. Stellantis captured significant market share in multiple countries, including France, Italy, and Portugal. How important is market presence for a manufacturer in the electric vehicle landscape?
Dr. Moreau: Market presence is crucial in the electric vehicle landscape. As consumer preferences shift, manufacturers need to establish themselves in key markets to win customer loyalty. Being a top player in multiple markets not only bolsters sales but also allows companies to leverage economies of scale in production, reduce costs, and enhance R&D for future innovations.
Time.news Editor: Speaking of innovation, what trends do you foresee for the future of Stellantis and electric vehicles in Europe overall?
Dr. Moreau: I anticipate a growing emphasis on expanding the electric line-up with more affordable models, improved battery technology, and increased charging infrastructure. Stellantis has been investing heavily in R&D, and I believe we’ll see advancements that enhance performance and range. Additionally, we may observe more collaborations between manufacturers and tech companies to integrate smart features reflecting changing consumer expectations.
Time.news Editor: That sounds promising! Lastly, Dr. Moreau, what would you recommend to consumers considering purchasing electric vehicles today?
Dr. Moreau: My advice would be to conduct thorough research into available models, their range, charging options, and total cost of ownership. With many manufacturers offering attractive incentives, consumers should also consider the long-term benefits of reduced running costs associated with electric vehicles. And of course, it’s essential to think about the sustainability aspect of their choice.
Time.news Editor: Thank you, Dr. Moreau, for your insights into Stellantis and the electric vehicle market. Your expertise has provided valuable perspectives for our readers.
Dr. Moreau: It was my pleasure! I look forward to seeing how this market continues to evolve.