German electric vehicle sales plummet as subsidies vanish
November was certainly not a successful month for electric car manufacturers in Germany. The lack of government subsidies is increasingly affecting the market.
Electric cars are not selling as well as anticipated, and the largest automotive market in Europe exemplifies this trend. Following the withdrawal of state support, Germany is witnessing increasingly significant declines in electric vehicle sales.
According to data from the German Motor Transport Federation, 35,167 new electric cars were registered in November 2024. This represents a 22% decrease compared to the same period last year.
The result translated to a 14.4% market share, which, from a Polish perspective, remains an impressive achievement. However, it is still too small to meet the envisioned electromobility targets.
The biggest loser in November was Tesla, which sold 55% fewer cars than a year ago. Hybrids, conversely, saw gains of exactly 20.3%. Among the 94,554 cars sold with this type of engine, 20,604 were plug-in hybrids.
