Features
30 Jun 21

State of the European fleet market: EVs now represent 25% of the market

The fleet market in Europe has been switching to electric at a fast pace. Between 2019 and 2020, the market share of BEVs, HEVs and PHEVs jumped from 10% to 25%.

Nevertheless, EV readiness differs widely from one country to the next, depending in large part on taxation and financial incentives.

The top 3 carmakers in Europe are all investing heavily in their electrified lineups, even though they still manufacture far more ICE vehicles than EVs. The Volkswagen Group leads the OEM top 3 with a yearly output representing 25.4% of the market, followed by the PSA Group with 14.4% and Renault with 10.3%.

More facts and figures about the state of the European fleet market were given at the 2021 Global Fleet Conference, where several sessions were dedicated to Europe. On our on-demand page, you can rewatch sessions including:

  • Walk-in from Almy Magalhaes and Guillaume Pin (Ecolab)
  • State of the European Fleet Market: presentation by Steven Schoefs, Editor-in-Chief, Global Fleet
  • Matching TCO efficiency with stakeholder engagement and driver satisfaction with Wojciech Regucki, Abbvie
  • Unlocking fleet electrification opportunities with Gavin Eagle (LeasePlan), Helder Costa (Orbcom) and David Weeks (Mondelez)
  • Country deep dives on the United Kingdom, Turkey, Russia and Europe
Authored by: Benjamin Uyttebroeck