During the first quarter of this year, the Czech Republic recorded a 141% increase in new electric car registrations compared to last year- the highest growth rate among all EU countries, according to data from the European Automobile Manufacturers’ Association.

Demand for electric vehicles is also rising in other nations, such as Germany (up 39%) and Belgium (up 30%), while France experienced a 7% decline. Across Europe, new electric car registrations grew by over 23%, and their market share now exceeds 15%, surpassing that of diesel vehicles (9.5%). Plug-in hybrids are also gaining ground, accounting for 7.6% of the market.

However, electric cars still represent only just over 5% of all new car sales in the Czech Republic. By contrast, in Denmark, two-thirds of new cars are fully electric, while in the Netherlands and Finland, one in three new cars is electric. Only five EU countries-Italy, Bulgaria, Slovakia, Poland, and Croatia-have a lower share of electric vehicles than the Czech Republic.

The sharp rise in electric vehicle sales indicates a growing market and increasing openness to new technologies in the Czech Republic. Foreign companies specializing in electric vehicles, charging infrastructure, or related services can capitalize on this trend by introducing innovative products and solutions to meet rising demand.

Source: ČTK

Prepared by the CzechTrade United Kingdom & Ireland Office