“Germany’s sheer dominance is unbroken in Europe’s electric car market,” was the headline on the last day of 2020. But even at the end of January 2021 it is evident that Germany is further expanding its position on the European market. In a market that rose to 45 at the end of January.brought 970 registered e-cars, Germany alone carried 16.315 units (35.5% stake). Compared to the same month last year, this corresponds to growth of 117.7%.
This is certainly due to the generous government purchase and tax incentives currently in place, which have been extended to 2025 and are helping domestic manufacturers to achieve carbon compliance. Although this does not seem to be granted to every manufacturer. France contributes 14.1% and Great Britain 13.6%. Norway is responsible for an 11.9% share of the total market. After that, the gradient increases. The markets that follow bring it together to a 24.9% share of the overall market. This clearly underlines the dominance of the leading four markets in Europe.
The decisive factor here is certainly the fact that German e-car and PHEV drivers benefit from the electric car purchase bonus, the innovation bonus. What makes the rather higher-priced electric cars and part-time electric cars appear more interesting in terms of price. This is reflected in the percentage growth in sales compared to the previous year. Compared to the previous year, Germany‘s registration figures increased by more than 117%. Only Greece (283.3%) grew more strongly, albeit on a completely different scale. At the end of January 2021, Greece just looked at 69 electric car registrations.
In retrospect, Schmidt describes 2021 as a gala event for e-mobility, after which 2021 was the “press preview” of what seems possible in terms of e-drive. The analyst also assumes that the share of e-vehicles will increase to 8.5 percent of the market penetration. This equates to 1.045 million units in a recovering Western European total passenger car market of 12.3 million units.
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The only interesting thing is the percentage of BEVs in the total number of registrations.
Statistically, it looks mediocre to bleak in a European comparison, and in terms of climate protection, it’s subterraneously bad.
What VAT reduction?
Spain is a sad chapter.
Absolute numbers as a comparison are always a bit meh! You should actually know that since Corona at the latest and actually only serves to fudge the numbers.