Without a purchase premium, the Stromer in Germany will be more expensive.
(Photo: dpa)
Vienna The electric car boom in Germany could end soon. The growth of pure electric vehicles (BEV) and plug-in hybrids (PHEV) is already flagging noticeably. The growth rate is currently 4.5 percent – after 73 percent in the previous year. In 2023 and 2024, the market is even likely to shrink significantly. That’s what the Center Automotive Research (CAR) predicts in a new study that is available exclusively to the Handelsblatt.
Accordingly, sales of BEVs and PHEVs will halve in the next two years. Instead of 720,000 new cars with batteries, the industry will only be able to deliver 484,000 vehicles in 2023 and only 363,000 units in 2024. The market share of electric vehicles, measured by new registrations, could fall from the current 27 to twelve percent.
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