The French car market grew by 3,7% in May, driven by a surge in electric vehicle sales.

The French car market continued its upward trend in May with 135,000 new car registrations, representing a 3,7% increase compared to the same month last year. This modest growth reflects a mixed dynamic within the sector, driven primarily by alternative powertrains. Sales, however, remain below pre-pandemic levels, indicating a market that is still fragile despite government incentives.

Electric vehicles cross the 30% threshold

The share of electric vehicles has reached a new record, accounting for nearly a third of total registrations, confirming the acceleration of the energy transition in the automotive sector. This historic breakthrough is explained by the expansion of manufacturers' offerings and the continuation of the eco-bonus, even though the latter was reduced at the beginning of the year. Plug-in hybrid models also continue to appeal to French motorists, while diesel engines continue their inexorable decline.

Uncertainties about what happens next

Industry professionals remain cautious about the sustainability of this trend. The planned reduction in purchase incentives and rising electricity prices could dampen enthusiasm for electric vehicles in the coming months. French manufacturers are striving to maintain their competitiveness against Chinese competitors who offer electric models at significantly more aggressive prices.