"Electric Vehicle Surge: Europe's New Car Registrations Soar, Outpacing Diesel and Boosting Sales"

Electric vehicle (EV) registrations in Europe have surpassed those of diesel-powered vehicles for the first time, with 1.23 million EVs registered between January and October compared to 1.22 million diesel vehicles. EVs accounted for a market share of 14.2% in October, up from 12% last year. Gasoline-powered vehicles still hold a third of the market, while hybrid electrics have a 28.6% share. New car sales in the EU increased by 14.6% in October, driven by a significant rise in all-electric vehicle sales.