Electric mobility in Portugal reached remarkable milestones in 2024, culminating in December with a historic record of over 10,000 electric vehicles registered in a single month.
This achievement reflects the growing adoption of sustainable transport solutions and establishes a solid foundation for future growth.
December 2024 Highlights
- Total EV Registrations: 10,442 units (including new and imported models).
- Battery Electric Vehicles (BEVs): 7,059 units.
- Plug-in Hybrid Electric Vehicles (PHEVs): 3,383 units.
- Year-on-Year Growth: BEV registrations in December increased by 29.54% compared to December 2023.
This monthly peak follows consecutive record-breaking months in September, October, and November, with BEVs becoming the best-selling category in Portugal’s light passenger vehicle market in September.
These trends highlight the increasing confidence of Portuguese consumers in electric mobility.
Annual Overview of Portugal’s Electric Vehicle Market in 2024
- Total EV Sales in 2024:
- BEVs: 41,741 units (+14.7% YoY).
- PHEVs: 28,346 units (+4.5% YoY).
- Combined BEVs and PHEVs: 70,087 units, marking a 10.31% YoY increase.
- BEV Market Share:
- BEVs represented 19.91% of the light passenger vehicle market by the end of 2024, positioning them as a dominant force in Portugal’s vehicle market and projected to surpass internal combustion engines soon.
Electrified Commercial and Heavy Vehicles
- Electrified Light Commercial Vehicles (LCVs):
- Total Registrations: 2,340 units (-4.8% YoY).
- Fully Electric LCVs: 2,323 units (-5.1% YoY).
- Electrified Heavy Vehicles:
- Total Registrations: 123 units (-69.2% YoY).
Top-Selling EV Brands and Models in 2024
- Leading Brands:
- Tesla dominated the market with 9,760 BEVs, more than double its nearest competitor.
- Other top brands included BMW (4,074), Volvo (3,203), Peugeot (3,017), and Mercedes-Benz (2,860).
- Popular Models:
- The Tesla Model Y and Model 3 led the rankings, followed by the Volvo EX30 and Peugeot e-208.
Charging Infrastructure and Renewable Integration
Portugal’s progress in electric mobility is supported by advancements in charging infrastructure and the integration of renewable energy:
- Charging Infrastructure:
- Rapid nationwide installation of charging stations ensures accessibility for the growing EV fleet.
- Renewable Energy:
- Renewable energy integration into the grid reached a milestone of 81%, enabling the sustainable operation of electric vehicles.
Outlook for 2025
The achievements of 2024 have firmly established Portugal’s commitment to electric mobility. However, challenges remain, such as further expanding charging infrastructure capacity and maintaining EV affordability.
In 2025, the positive trend is expected to continue, with new EV models entering the market and increased political support.
Public-private collaboration will play a crucial role in sustaining progress and meeting long-term climate goals.
Electric mobility in Portugal represents more than a transportation shift—it is a cornerstone of the nation’s sustainability strategy.
The accomplishments of 2024 mark a significant step forward in reshaping mobility and environmental responsibility.
