Germany Has Become Europe's Biggest Market For Electric Cars

- Jul 26, 2019-

Germany overtook Norway in the number of electric vehicles sold in the first half of 2019 to become Europe's largest market for electric vehicles, according to a report released by automotive market research institute German automotive management center.

 

In Germany, 48,000 new electric vehicles were registered and allowed on the road between January and June, up 41% from the same period last year, surpassing Norway's 44,000, the report said. Among them, 31,000 pure electric vehicles and 16,500 plug-in hybrid electric vehicles were added, respectively.

 

Overall car sales in Germany grew 0.5 percent over the same period, compared with the rapid growth of electric vehicles, which still account for only 2.6 percent of the German car market, far behind Norway's 56.2 percent share, the report said.

 

"The growth in electric vehicles has been remarkable given the overall downturn in the automotive industry," said stefan bratzel, who led the research. "we expect electric vehicles to make a breakthrough in the key automotive market from 2020."

 

As of early 2019, there were about 420,000 electric and hybrid vehicles in Germany, according to the latest data from the federal motor vehicle administration. Germany's initial goal of putting 1 million electric cars on the road by 2020 was to fund battery research, expand charging piles and provide subsidies for buying electric cars, but experts estimate that could be delayed.