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[BUSINESS] · Bulgaria, EU · 2 sources

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Electric vehicles surpass gasoline cars in EU market

The European Union automotive market is undergoing a significant shift as electric vehicle (EV) registrations have overtaken gasoline-powered models. According to data from the European Automobile Manufacturers Association (ACEA), during the first nine months of 2026, battery electric vehicle registrations rose by 48.5% compared to the previous year, reaching 1,931,465 units and a 22.7% market share.

In contrast, gasoline vehicle registrations fell by 19.1% to 1,802,078 units, representing a 21.2% market share. Hybrid vehicles, including mild hybrids, remain the market leader with a 36.3% share and over 3.09 million registrations. Diesel models continue to decline, accounting for only 7.1% of the market.

In Bulgaria, the overall market grew by 9.8%, while electric vehicle registrations saw a substantial increase of 108%. On the manufacturer side, Volkswagen maintains the largest market share at 26.2%, followed by Stellantis at 15.8% and Renault at 10.4%. Chinese manufacturers are seeing rapid growth, with BYD reporting 206,002 registrations—a 154% increase—and Chery recording a 246.5% rise.

Entities

BYD · European Automobile Manufacturers Association · European Union · Stellantis · Volkswagen Group