Gross sales of electrical automobiles in Germany collapsed in 2024 following the cancellation of a authorities subsidy, official figures confirmed on Monday.
Round 380,600 electrical vehicles had been newly registered over the course of the yr, 27% fewer than within the earlier yr, based on the Federal Motor Transport Authority (KBA).
Electrical fashions represented 13.5% of all new registrations, down from 18.4% in 2023.
“The abrupt finish of the state subsidy on the finish of 2023 has led to huge uncertainty amongst potential consumers, which continues to this present day,” mentioned Constantin Gall from consulting agency EY.
“Though new and engaging fashions are coming onto the market, gross sales figures are considerably decrease than anticipated by the trade and desired by politicians,” mentioned Gall.
In line with the KBA, some 2.8 million new vehicles had been registered in Germany final yr, round 1% fewer than within the earlier yr and round 25% fewer than in 2019, the final yr earlier than the coronavirus pandemic.
At round 224,700 automobiles, the variety of new registrations in December was greater than 7% beneath the extent of the identical month in 2023.
