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Evolution In European Car Registrations: Diesel Decline And Electric Surge

Overview Of A Decade Of Change

New Eurostat data shows a significant shift in the European Union’s passenger car market over the past decade. Diesel car registrations fell by 67% between 2014 and 2024, while battery electric vehicles expanded rapidly, reaching a 13.9% share of new registrations by January 2025.

Key Figures And Sector Trends

The 2025 edition of Key Figures on European Transport analyzes passenger car registrations across 20 EU countries, which accounted for 93% of all new registrations in 2024. The report tracks long-term changes in vehicle types and provides context on infrastructure, energy consumption, economic impact, and environmental performance.

Shift In Energy Types

Data covering 2014–2024 highlights a clear change in the energy mix of passenger vehicles. Diesel-powered cars, including hybrid variants, declined by 67% over the period. Petrol-powered vehicles, also including hybrids, increased by 60%, reflecting a broader transition away from diesel technology.

The Rise Of Electric Mobility

Battery electric vehicles recorded the strongest growth. Registrations increased 45-fold compared with 2014 levels, raising their market share from 0.3% to 13.9% of new registrations by 2024. Vehicles using other alternative fuels, including liquefied petroleum gas, natural gas, hydrogen, and biofuels, rose by 13% over the same period.

Looking Ahead

The data confirms a structural shift in the EU automotive market as manufacturers and consumers move toward alternative energy sources. Continued growth in electric mobility is expected to shape future transport, energy, and industrial strategies across the European Union.

EBA Finds Gaps In Bank Recovery Dry Run Practices

Overview Of The European Banking Authority Findings

The European Banking Authority (EBA) published a report examining how banks conduct dry runs to test recovery plans. The analysis focuses on how institutions prepare for stress scenarios and assess their ability to implement recovery measures. Dry runs serve as practical tests of operational readiness under adverse conditions.

Varied Approaches And Institutional Maturity

Findings show clear differences in how banks design and execute these exercises. Approaches vary in scope, methodology, and depth of implementation. Institutions that treat dry runs mainly as compliance exercises tend to gain limited practical value. In such cases, testing does not translate into improvements in recovery planning.

Integrating Dry Runs Into Broader Risk Management

More advanced institutions integrate dry runs into broader risk management processes. These exercises are used to test internal coordination, decision-making, and operational response. Such integration improves the feasibility of recovery plans and supports faster execution during stress events.

Regulatory Evolution And Future Implications

The EBA highlights the need for consistent and high-quality testing of recovery frameworks. Updates to testing approaches are required as risk conditions evolve. Closer alignment between recovery and resolution planning is also identified as an area for further development.

Moving Forward With Strategic Preparedness

According to EBA, the benchmarking exercise is intended to guide improvements rather than impose requirements. The report provides reference points for strengthening testing practices across institutions. Additional guidance, including the EBA handbook on simulation exercises, supports further development of recovery and resolution planning.

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