EVs At 31.1% Share In France — Social Leasing Boost - CleanTechnica

In October 2023, electric vehicles (EVs) achieved a significant milestone in France, capturing a 31.1% share of the auto market, up from 23.5% year-on-year. Battery electric vehicles (BEVs) specifically grew by 63% in volume, reaching 24.4% market share, while plug-in hybrids (PHEVs) accounted for 6.7%. The overall auto market volume increased slightly by 3% to 139,514 units. A key driver of this growth was the Social Leasing programme, which boosted BEV deliveries, notably the Renault 5, France’s best-selling BEV in October with 4,551 units sold—about 20% of the 10,000 signed lease contracts under the programme. This initiative is expected to sustain increased BEV sales for up to five or six months, helping to familiarize consumers and dealerships with electric models, increase production, and reduce costs, though its effects are temporary.