Registrations by Fuel Type
Headline Target: No sales of vehicles producing CO2 by 2035 (EU phase-out)
Car Manufacturing Country: BMW Group, Volkswagen AG, Vanwall hypercars, Mercedes-Benz, Ford of Europe, Stellantis, Next .E.GO Mobile, Tesla Motors,
Purchase Incentives for Cars: Ownership tax exemption for ten years, annual circulation tax exemption. Exclusive incentives: company car tax reductions.
Supplier Regulation Policy: EU emissions performance standard (Tightening CO2 regime)
Infrastructure Incentives: None
The largest market in the EU, Germany has seen a fall in the number of EVs registered year-on-year. Due to the size of the market this market is mainly the cause of the EU’s falling sales.
Subsidies were abolished in December 2023 and the market has failed to capture the same market share since. Reported plans to gradually reduce the subsidy programme rather than abruptly end were scrapped. This, coupled with mixed messaging from the government around this technology may have knocked consumer confidence.
However, Germany has secured a number of high profile investments in the battery and vehicle supply chain. A number of gigafactories from companies such as CATL and Tesla offer a promising future despite some short term setbacks.
Latest 12-Month Period (vs Preceding 12-Month Period)
Fuel Type | Total ▼ | %△ | Share |
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Top 10 BEV Manufacturers by Current 12-Month Period Sales
Manufacturer | BEV Sales ▼ | BEV % of Total Share |
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Latest Month (vs Same Month in Previous Year)
Fuel Type | Total ▼ | %△ | Share |
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