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New battery-electric vehicles take 5.7% share in Europe in Q1; hybrids 18.4%, gasoline 42.2% , diesel 23.2%
In the first quarter of 2021, hybrid electric vehicles made up 18.4% of total passenger car sales in the EU, almost doubling their market share in a year, according to data from the European Association of Automobile Manufacturers (ACEA). Demand for electrically-chargeable cars also increased in Q1: battery-electric vehicles made up 5.7% of all new cars, while plug-in hybrids accounted for 8.2% of EU registrations.
Sales of traditional fossil-fuel cars continued to decrease in the European Union, although gasoline and diesel still made up 65.4% of the car market.
Data: ACEA
Gasoline and diesel cars. From January to March 2021, diesel volumes fell 20.1% compared to a year ago to reach 593,559 cars sold across the European Union. Diesel now holds a market share of 23.2%, down from 29.9% in the first quarter of 2020. Most EU markets posted double-digit declines in this segme
Polyester Staple Fiber Market Drivers
Increasing Automotive Production
Textile materials such as polyester staple fiber are extensively used in automobiles in the production of automobile carpets, seating fabrics, side, roof, floor, and door panels, safety belts, tires, airbags, air filters, fuel filters, insulation materials, and more. China is the world’s largest vehicle market, according to the International Trade Administration (ITA), and the Chinese government expects the production of automobiles to reach 35 million by 2025. According to OICA, the production of passenger cars in Africa was 776,967 in 2018, which then increased to 787,287 in 2019, a total increase of 1.3%. According to OICA, the production of light commercial vehicles has increased from 1,348,932 in 2018 to 1,431,904 in 2019, an increase of 6.2% in Canada. Thus, increasing automation production will require more polyester staple fiber for manufacturing various automotive components, which will act as a drive