Morning Bites

🇪🇺 Total car sales in the EU rose 5% YoY in 4Q25

🚗💨 Internal combustion engine (ICE) car registrations in Europe decreased 8% YoY in 4Q25, after the 2% YoY drop in 3Q25. Petrol car sales shrank 18% YoY (vs. -13% YoY in 3Q25), while diesel car sales declined 22% YoY. Diesel cars accounted for 23% of total ICE car registrations. Stronger HEV sales (+5% YoY in 4Q25) 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 40% YoY in 4Q25, after the +36% YoY in 3Q25. Specifically, BEV sales were up 41% YoY (vs. +27% YoY in 3Q25), while PHEV sales surged 37% YoY. The share of BEVs in total EV sales increased to 69% (vs. 65% in 3Q25)

#cars #EV #nickel #lithium #cobalt