New car registrations rise by 3.1% in 2024

According to industry associations BOVAG and RAI Vereniging, slightly more new cars were registered last year than in 2023. In 2024, 381,227 new cars were registered, marking a 3.1% increase from the 369,631 cars registered in 2023.

The associations noted an “end-of-year rush” in December, with over 37,000 new cars registered. The market share of fully or partially electric vehicles increased slightly compared to those with combustion engines.

Last year was the final year for private individuals to receive subsidies for purchasing electric cars. Until the end of 2024, individuals could benefit from the Subsidy Scheme for Private Electric Vehicles (SEPP), receiving €2,950 for new electric cars and €2,000 for used ones.

Additionally, electric car owners must start paying road tax this year, but they’ll pay 75% less than petrol car owners in 2025. Hybrid cars remained the most popular new vehicles, with 159,705 registered last year, followed by fully electric models (132,166).

Petrol cars are next, trailed by diesel and LPG vehicles. The popularity of hybrid cars was already evident in September, with BOVAG noting an increase in brands developing or selling hybrid models.

BOVAG Autodealers Chairman Bert de Kroon finds the strengthened market position of electric vehicles encouraging despite ongoing uncertainties. He emphasized the need for a consistent approach by 2025 to maintain growth and achieve climate goals, as European CO2 standards face challenges and the Netherlands lacks a long-term vision for electric driving.

Although petrol cars still dominate, with 6,975,013 on the road, accounting for 75.1% of the market, 1,012,626 hybrid cars make up 11%, followed by 691,208 diesels. There are also 498,901 fully electric vehicles, holding a 5.4% market share.

The best-selling new car was Tesla’s Model Y, attributed to its affordability among Tesla models. The popularity of Kia and Toyota is linked to their long warranties and affordable electric and hybrid vehicles, according to BOVAG spokesperson Stijn Oosterhoff.

Source: NOS

Share