Is Southern Europe finally beginning to see the sense in EVs?

Enrique Dans
Enrique Dans
Published in
3 min readApr 10, 2022

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IMAGE: A Tesla plug leaning on the car’s roof and with a slight reflection on it
IMAGE: E. Dans

March car sales in Spain, a market still resisting decarbonization, reflect the growing popularity of fully electric vehicles, the only automotive segment whose figures are rising and that now exceeds 5% of total sales. Sales of gasoline vehicles fell by 41% compared to the same month of the previous year, and diesel vehicles by 44%, remarkable figures given that last year was already a bad period affected by the pandemic.

A table with the data from March car sales in Spain, reflecting the points written in the article

Hybrid vehicles (HEVs) also fell by 13% and plug-in hybrids (PHEVs) by 6%, in the context of a significant worldwide decline. The car industry’s lies about this worst-of-both-worlds option have been exposed.

Why are car-buyers turning away from diesel and petrol and going electric? It could have something to do with supply problems with the obsolete, low-margin microchips used by most traditional companies: Volkswagen has been forced to close factories and had planned to phase out dozens of internal combustion models to focus on electric and higher-margin vehicles; but it is not the fundamental reason.

The main cause of the ever-increasing shift in market preferences is not the lack of supply resulting

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Enrique Dans
Enrique Dans

Professor of Innovation at IE Business School and blogger (in English here and in Spanish at enriquedans.com)