KfW study offers interesting insights into German e-car market

The stock of electric cars in Germany is still low, but develops highly dynamic: Last year, E-Cars already made almost 14 percent of all new registrations, according to Motor Trade Office. Through imposing growth, the stock of electric cars in 2020 has more than doubled, at the turn of the year had already 590.000 vehicles in Germany an external charging option. The perspective is further rising: In the first months of 2021, the electrical component on the car new registrations was already more than 20 percent.

KfW

A special evaluation of the KfW Energy Moneybarometer gives more insights into what and who is behind this increase: According to the representative survey of KfW Research, 1.3 percent of households in Germany currently have a battery-electric car or plug-in hybrid. Another 1.1 percent of households plan to use within one year. Currently, there are in particular good-earning households in one or two-family houses. Electric cars are also significantly above average in rural areas.

Households with above-average income therefore use about three times as often electric vehicles as underlying sovereign households. The same applies to households living in one or two-family houses: here are electro cars more than twice as often as for objects with multiple parties. Even the age of persons plays a role. For younger people, the proportion is about twice as high as in the elderly. In addition, differences depending on the residence of the household. In rural areas, the share is around 50 percent higher than in the Central and Cities. This should at least in parts on the charging or. Popplace options be due, which are usually better in the country than in the city.

The expansion of a powerful and as nationwide charging infrastructure is an important prerequisite for the expansion of electromobility. This shows that around 73 percent of the charging operations on non-public charging stations take place so far. At work, around every fifth charging (19 percent). The lion share is not applicable to the loads at home (54 percent). Around 70 percent of E-motorists at least invite proportionately to the local charging column. The private charging infrastructure thus comes to a key role in expanding electromobility.

KfW

For the estimation of future use, KfW Research has asked the households that do not use an electric car yet and do not plan this within a year, whether or. When you could decide for an electric vehicle. About half of them are assuming to use an electric car in everyday life in the future; 6 percent already over the next two to three years, 21 percent within four to ten years and another 22 percent in the period thereafter. About a third (32 percent) of households does not expect a change to an electric car. After all, around 15 percent also see no use, but generally come without a car. These values move overall at the previous year’s level, so that unchanged dynamics can be assumed in the use of e-mobility.

The climate advantage of electric cars grows with the proportion of renewable energies in the used electric mix, which increases continuously. Even better, the balance looks like when the vehicle is loaded alone with (ideally excessed) green stream. The KfW Energy Tubometer shows that in electric car users such a consciousness often exists: more than half (around 60 percent) of the current users have either a PV system or an eco-contrive rate. This is reflected in the electricity used again, which is delivered to 24 percent of its own PV system and 36 percent of a green electricity provider.

In the air conditioning analyzes, it is assumed that the electric car replaces trips with a combustion and not additionally purchased. There is little empirical evidence so far. The KfW Energy Tubometer now shows that about 30 percent of households in Germany, which have an electric car or plan to buy, currently only use one vehicle. In addition, e-cars actually displace, above all burners: households stated that nearly three quarters of the routes traveled with the electric car would otherwise have been covered with a car with an internal combustion engine (74 percent). A cannibalization of public transport (5 percent) and bicycle (2 percent) is limited.

KfW

“Moving came into the market for electromobility, and much speaks for the 2020s to bring the breakthrough of electromobility,” says Dr. Fritzi KOhler-Geib, Chief Volkswirt KfW. Dynamic development is pleasing from climate view, because the climate balance of the vehicles is usually significantly positive today and improve steadily with the expansion of renewable energies. “However, for the success of the roadside, electromobility must be established in all social groups as an attractive alternative,” KOhler-Geib continues.

An essential aspect is the economy of electric cars. “Targeted incentives, like the 01.01.2021 introduced price for greenhouse gas emissions in the traffic and thermal sector support the conversion to climate-friendly technology. In addition, it is important to build a powerful charging infrastructure to allow for everyday use of electric cars, “says KOhler-Geib. Here, the areas are to be addressed in which an implementation is associated with special challenges, such as in the case of multi-family homes.

The detailed analysis on e-mobility is available at www.KfW.DE / KfW Group / KfW Research / Emobilitaet

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