Fuel crisis: Romania will see a 21.36% increase in EV registrations by 2035, data shows

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With fuel prices rising exponentially, the desirability for an electric vehicle has never been higher. In fact, searches for ‘affordable electric vehicles 2022’ have risen by 550% (according to Google trends on 15/3/22) in the past month alone.

Interested in this, Confused.com/car-insurance sought to determine what proportion of new registered vehicles would be electric in Romania by 2035. To do this, they analysed historical electric vehicle trends and data from The European Environment Agency (EEA) and Eurostat. Their study ultimately predicted which European countries are likely to have the highest proportion of electric vehicle sales by 2035.

Country

Proportion of EVs in new registered vehicles 2020

Predicted proportion of EVs in new registered vehicles 2035

Netherlands

22.91%

99.90%

Norway

54.37%

99.90%

Sweden

9.69%

80.35%

Denmark

7.19%

54.51%

Portugal

5.42%

51.86%

Germany

6.86%

51.68%

Luxembourg

5.61%

47.30%

France

6.50%

43.43%

Ireland

4.49%

41.44%

Austria

5.47%

40.84%

Finland

4.53%

38.18%

Malta

3.13%

33.28%

Slovenia

3.19%

29.93%

Latvia

2.47%

28.90%

Croatia

1.47%

28.25%

Romania misses out on the top 15

In Romania, 23.62% of new car sales are expected to be electric by 2035, the ninth-lowest proportion across Europe. With only 2.26% of the new cars registered being electric in 2020, the Romanian market is likely to see a significant jump in sales, with a predicted 21.36% increase in EV registrations by 2035!

The European countries with the highest proportion of new electric vehicles (EVs) by 2035

With the highest percentage of new electric vehicle sales in 2020 (54.37%), Norway is also likely to have the highest proportion of newly registered EVs by 2035. According to the data, Confused.com predicts that 99.9% of them will be electric – a whopping 46% increase within 15 years. It’s joined at the top by the Netherlands, which is also expected to have 99.9% of its newly registered vehicles as electric by 2035. This is a 76% improvement within the specified timeframe.

In Sweden, 80.35% of new car sales are expected to be electric by 2035, the second-highest proportion across Europe. With only 9.69% of the new cars registered being electric in 2020, the Swedish market is likely to see a significant jump in sales. This means a predicted 71% increase in EV registrations by 2035!

Denmark places fourth, with 54.51% of new vehicles estimated to be electric by 2035 – 47% increase to the proportion of EVs in 2020 (7.19%). Compared to its European neighbours, this is 5% more than Germany (51.68%), but 32% less than Sweden (80.35%) and 45% less than Norway (99.90%).

Alex Kindred, car insurance expert at Confused.com, comments: “With electric vehicles becoming more popular across the world, understanding what type of insurance you need is important. You might be able to cover your electric car on a standard car insurance policy, but this isn’t always the best move. Dedicated electric car policies often come with a range of benefits, like cover for your charging cable, free recovery to the nearest charge point if you run out of battery power, and accidental damage, fire, and theft cover for your battery. These benefits can really make all the difference.

“As the battery is an expensive component of the car, it is likely that you will be offered the chance to lease it instead of buying outright to make the switch from a fuel car to an electric car cheaper. Be sure to let your insurer know if it is leased, so they can pay the right party for any damage to the battery if you do happen to make a claim.”

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