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[BUSINESS] · Czechia, Slovakia · 2 sources

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Automotive market trends show EV growth in Slovakia and low-power models in Czechia

The automotive markets in the Czech Republic and Slovakia are experiencing distinct shifts in vehicle types and performance standards. In the Czech Republic, there is a notable presence of low-power vehicles on the market. The Fiat 500 Hybrid, featuring a 48 kW (65 hp) engine, is highlighted as an example of a return to smaller combustion engines due to consumer demand for lower price points, despite a general trend toward higher driving dynamics.

In Slovakia, the electric vehicle (EV) sector is growing despite a decline in the overall automotive market. According to ACEA data, new electric passenger car registrations in Slovakia rose by 41.2 percent year-on-year during the first eight months of the year, reaching 3,736 units. This growth is driven by two main factors: the sale of new models, such as the Škoda Enyaq and Elroq, and a significant increase in the individual import of used electric vehicles. While the share of battery electric vehicles in new registrations in Slovakia rose to 6.6 percent, it remains below the European Union average of 21.7 percent.

Entities

Acea · Dacia · Fiat · SEVA · Škoda