Morning Bites (part 2)

🇪🇺 Total car sales in the EU rose 7% YoY in 3Q25

🚗💨 Internal combustion engine (ICE) car registrations in Europe inched down 2% YoY in 3Q25, after the 10% YoY drop in 2Q25. Petrol car sales shrank 13% YoY (vs. -22% YoY in 2Q25), while diesel car sales fell 16% YoY. Diesel cars accounted for 23% of total ICE car registrations. Strong HEV sales (+13% YoY in 3Q25) partially offset the decline in petrol and diesel registrations. Overall, the 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 36% YoY in 3Q25, after the +27% YoY in 2Q25. Specifically, BEV sales were up 27% YoY (vs. +22% YoY in 2Q25), while PHEV sales surged 58% YoY. The share of BEVs in total EV sales inched down to 65% (vs. 66% in 2Q25)

#cars #EV #nickel #lithium #cobalt