The share of electric cars in new registrations in Germany plummeted 27.5% in 2024 compared to the previous year. Blackout News has more.
According to the Federal Motor Transport Authority (KBA), only 380,600 electric vehicles were newly registered. This corresponds to a decrease of 27.5% compared to the previous year. While 18.4% of new cars were electrically powered in 2023, the share was only 13.5% last year.
There are many reasons for the collapse in new registrations, but the end of Government purchase subsidies at the turn of the year 2023-24 plays a central role. Mobility expert Constantin Gall emphasised that uncertainty among potential buyers has increased massively.
Even if new models come onto the market, they remain financially unattractive for many people. Gall therefore described electromobility as a solution that is currently only accessible to higher earners.
Pierre Gosselin of the NoTricksZone remarks that the “future remains bleak for e-mobility”:
With the bad figures, it’s only natural that e-car proponents are calling for more subsidies in order to entice consumers to opt for e-cars, and higher taxes to punish those who refuse to cooperate by buying diesel or petrol engine vehicles, which are more reliable and cheaper.
So what does the future hold? That of course will depend on the outcome of the coming February 23rd national elections. Currently the (fake) conservative CDU/CSU party are leading in the polls (29%) and are expected to win. But a new Government under chancellor Friedrich Merz would likely continue Angela Merkel’s disastrous green policies, albeit at a slower rate than the current socialist-Green government under Olaf Scholz.
Meanwhile, the Telegraph reports: ‘European electric car market suffers “devastating” collapse after tax breaks scrapped.‘
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