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Record Demand Catches (Some) OEMs with Their Pants Down — Europe September 2026

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Record Demand Catches (Some) OEMs with Their Pants Down — Europe September 2026

BEVs remain in high demand in Europe, with pure electrics reaching a record 31% share last month thanks to a record 422,000 fully electric passenger cars being registered in Europe, which is not only a 63%(!) increase year over year (YoY), but is also the fastest growth rate in over three years!

Overall, plugin vehicles were up 49% YoY, dragged down by plugin hybrids, which grew only 23%, to 167,000 units, which was also a new record high for plugin hybrids in Europe, thus placing September’s total plugin volume at a best ever 590,000 units and its share at 43% (31% for BEVs only).

With BEVs pulling the market upwards, the year-to-date share for BEVs is now at 25% (36% for PHEVs and BEVs combined), which is already higher than the 2025 final result (20% BEV share, 29% adding PHEVs). This is an encouraging sign if we want to be close to 100% PEV share by the mid-2030s.

Looking at other powertrains, while petrol (18% share in September, down 21% YoY) and diesel (4%, down 28% YoY) continue their downward trend into irrelevance, the main news is the fact that we could have already passed the point of peak HEV — in September, plugless hybrids still grew, albeit less (+5% YoY) than the overall market (+10%, to 1.4 million units).

More important than that, if we compare the 34% share earned by HEVs in September 2026 with the share they had 12 months ago (36% then), we might be witnessing the beginning of plugless hybrids’ downward slope.


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