Morning Bites

🇪🇺 Total car sales in the EU fell 1% YoY in 2Q25

🚗💨 Internal combustion engine (ICE) car registrations in Europe dropped 10% YoY in 2Q25, after the 6% YoY slide in 1Q25. Petrol car sales shrank 22% YoY (vs. -21% YoY in 1Q25), while diesel car sales fell 29% YoY. Diesel cars accounted for 23% of total ICE car registrations. Strong HEV sales (+12% YoY in 2Q25) partially offset the decline in petrol and diesel registrations. Overall, sales figures remained weak, compared with pre-Covid levels. We note that the EU represents 23% and 30% of global Pd and Pt autocatalyst demand, respectively

🚘 EV sales in Europe rose 27% YoY in 2Q25, after the 20% YoY increase in 1Q25. Specifically, BEV sales were up 22% YoY (vs. +28% YoY in 1Q25), while PHEV sales surged 38% YoY. The share of BEVs in total EV sales slid to 66% (vs. 68% in 1Q25)

#cars #EV #nickel #lithium #cobalt