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European EV car sales build lead over diesel as region’s oil demand shrinks – S&P Global

HighlightsBEV sales make up 16% of sales as diesel share slips to 12%BEVs, plug-in hybrid market share now at 23%S&P Global sees EVs displacing 3.3 mil b/d of oil in 2030Battery-electric cars consolidated their market position as the second-most-popular choice for buyers in 2023 as the share of diesel and gasoline-powered vehicle sales continued to shrink below 50% of the market, according to the European Automobile Manufacturers Association, or ACEA.Not registered? Receive daily email alerts, subscriber notes & personalize your… 

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