Cars, registrations increase in January: positive trend for hybrid, petrol and LPG vehicles

Cars, registrations increase in January: positive trend for hybrid, petrol and LPG vehicles


With the start of the new year, the car market records an acceleration, with approx 144,000 registrations: an increasing value compared to the figure of previous month (+27%) and that of the same period of 2023 (+11%). This is stated in the monthly report relating to the automotive sector in Italy prepared by Energy&Strategy (E&S) Group of the Polytechnic of Milan.

However, this positive trend does not apply to all models. Car registrations are increasing gas, with an increase of 27.2% in January compared to the same month of 2023. At the same time, those of vehicles with LPGwhich reported +16.5% year on year, and those of vehicles non-plug-in hybrids (HEVs), which recorded an increase of 14.8%. On the other hand, sales for food products are decreasing diesel and methane: in the first case, registrations have a decline of 8%; in the second, there was a reduction of 24% year on year.

Graphic by Silvano Di Meo

For the plug-in hybrid vehicles (PHEV), the trend is significantly decreasing, with a reduction in registrations year-on-year equal to -33.1%. Also the registrations of pure electric vehicles (BEVs) report a sharp decline: in January, 2,984 full-electric vehicles were registered, a reduction of 10.8% compared to the same month of 2023.

Graphic by Silvano Di Meo

Graphic by Silvano Di Meo

There reduction of CO2 emissions due to new registrations in January 2024 is equal to approximately 80,000 tonnes per year. The decline is largely due to new registrations of HEV (38.3%) and petrol (23.4%) vehicles. It is worth underlining the contribution of pure electric vehicles (BEVs) which contribute to 7.2% of CO2 reductions compared to a share of registrations equal to 2%.

Graphic by Silvano Di Meo

Graphic by Silvano Di Meo

Based on the revision of the Energy&Strategy (E&S) Group dei Unrae data relating to the month of January 2024, the best-selling models are non-plug-in hybrids (HEV), with a share of registrations of 38% of the total. These are followed by traditional petrol (30.3%) and diesel (15.8%) engines. LPG vehicles (10.8%), plug-in hybrid vehicles (PHEV) (2.8%), pure electric vehicles (2.1%) and methane vehicles (0.2%) close the ranking.



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