The demand traps: electric cars remain strongly dependent on subsidies

Less funding, less sales

The demand traps: electric cars remain strongly dependent on subsidies

The demand traps: electric cars remain strongly dependent on subsidies-demand
Auto media portal.Net If the grants drop, the market for electric cars breaks away

Emobility causes German taxpayers to cost billions of billions by buying premiums, legal tax avoidance and company car privilege. But what if the premiums expire? A comparison with other countries shows illuminating.

The Corona Pamdemi has taught politics: you should never say. Even with firmly promised numbers, it is such a thing if, for example, it is not possible to reach the commitments from one million electric cars in one day X and quickly add the hybrid with an electric drive and combustion engine so that the direction is right. Now 15 MIilion electric cars are promised to us as new registrations in Germany by 2030. And mathematicians like market observers gush the nose.

Germany wants 15 million e-cars by 2030

Jato Dynamics also sees the intent for the new year for the automotive market: no less than 15 million electric cars are to be traveled on Germany’s roads by 2030. With its clear focus on more environmental policy, the new government is now extending the purchase bonuses for e-cars by another year until the end of 2022. The hope: keep electric cars attractive to the end customers and thus boost the approvals. This creates a billion damage to the taxpayer. A study by Deutsche Bank has shown that up to 20.000 euros can be due from tax funds per car . According to the data, the funds flow primarily to wealthy car buyers.

But how did the incentives develop last year? And how have the approvals changed in relation? The market observer Jato Dynamics took a closer look for the period between January and October and made a comparison to Italy and France to see if the incentivation really works. If you currently buy a fully electric vehicle (BEV) in Germany, you will receive a grant, half of which is paid by the manufacturers and the state. Since the beginning of Corona pandemic, the government has even doubled the state share by a so-called innovation premium.

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The demand traps: electric cars remain strongly dependent on subsidies-traps

Site LFP battery for 3.300.000 electric cars: Who is behind this large order?

Almost a third is subsidized

Means: Buyer of an electric car with a net list price up to 40.000 euros will be reimbursed up to 9000 euros. What is noticeable in German incentive development: Although there is the "hurdle" that the premium can only be applied for after purchase and approval from the responsible body BAFA, the amount of incentivation has remained very constant, as well as the number of admission. The funding premium always moves around 30 percent regardless of the number of admissions. Almost a third of the eligible electric car pay the state and industry.However, a special effect is striking in all markets: at the end of the quarter there is more, sometimes less strong rashes. For example, Tesla currently sells three quarters of its vehicles in comparison to the two previous months, especially the model 3 compared to the two previous months. With this sales strategy, Tesla stands out from the other manufacturers and ensures the strong peak in the approvals.

LFP battery for 3.300.000 electric cars: Who is behind this large order?

The demand traps: electric cars remain strongly dependent on subsidies-strongly

Site LFP battery for 3.300.000 electric cars: Who is behind this large order?

If the premium reduction, approvals break away

In France and Italy you can see a clear connection between demand and incentivation:

  • With our neighbors in the west, car buyers received an environmental bonus of 7000 euros in a purchase price up to 45 in 2020.000 euros. In July 2021 the premium was then reduced by 1000 euros. The consequence: Together with the lower subsidy, the sales figures for the BEVS also broke a. With one blow the sale of 12 fell.000 vehicles in June at around 4.000 in July. The market only had more than 10 in September.000 e-cars sold to some extent recovered.
  • In Italy, E-Auto buyers receive an amount of up to 6000 euros when buying a BEV with a net price under 50.000 euros. Another 2,000 euros in grants were also possible. The analysts in Italy observe comparable burglaries at the end of the third quarter. With the absence of the subsidies, the approvals in the basement also swapped there. The Italian incentive system feeds from a large pot that is available for this. This pot is currently empty, no more funds are available. The curve also suggests less interest in electric cars in Italy. Electromobility obviously lacks persuasiveness here.

It remains interesting to observe when the joy of buying and to what extent attracts again.It is also exciting to see how the enthusiasm of the Germans develops for electric models as soon as the subsidy expires at the end of 2022. The will to continue to switch to emission-free mobility will significantly determine whether the new federal government can redeem its target of 15 million e-cars this time. (Aum)

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The demand traps: electric cars remain strongly dependent on subsidies-demand

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Now learn more about the future of mobility

On our e-mobility portal site you will find all e-vehicles & hybrids available on the German market with technical data, prices, delivery times and model comparisons. There are ongoing insider news, tests of all important vehicles, an overview of charging stations and a range computer.

You can also arrange a test drive for your desired car for free and start e-mobility easily.

SV/car editor.Net

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15 thoughts on “The demand traps: electric cars remain strongly dependent on subsidies”

  1. Whom wonders ?
    Actually (almost) nobody…. Who would buy something like that without subsidies ? Only that and … Actually (almost) nobody…. Who would buy something like that without subsidies ? Only the self-proclaimed climate and world savers, if at all…. Think, a reversal process, starting in Brussels, is slowly beginning. However, our politicians cannot easily admit this towards the voters, but they know very well that their big plan cannot be implemented in this way….

    Reply
  2. And who believes Tesla would be the measure of things
    is also tremendous. In Germany 2021 there were no 40.000 Tesla approved, but over 96.000 pure E-cars of the VW Group. In other countries it looks different. In any case, the local manufacturers are no longer behind, they have long caught up or outdated (technologically).

    Reply
  3. @Bender – Kinderstube?
    Mr. Bender, your choice of words is once again significant. "Besserwisser", "Arrogant", "Klugschisser" etc. etc. And they then accuse others of insults? This is at a similar level as your argumentation. Nuff Said.

    Reply
  4. That’s how it looks !
    Just use logic and you can already see, what actually looks like. Without the subsidies and the massive "Applications" In all media channels, the e-cars would simply be a product group for fans and supposed climate caretry. No more and no less. Personally, I don’t care about the lists here from any statistics or expert opinions. You can inform yourself in the best way of neutral and something logical thinking actually does not harm either. You can also just wait, e-cars will simply be parallel in the next few decades "ride along" in the traffic……

    Reply
  5. Who thinks something logically
    And it can be seen that an electric car pays off against a comparable combustion engine within one to two years without sub -pacles with its own PV system within one to two years. But you have to think about that.

    Reply
  6. @Herbert KOpnick
    You are already tearing statements from me from the context, which, due to the limited number of signs, are divided into several comments. I have described it unequivocally, which really makes sense and is necessary to achieve the climate goals. This also explains why e-car funding, as it is now, is "absolute nonsense" & "lug and wore" in this context. Now peck a statement again, "Old combustion engines, sales and continued operation", from the entire context and build up their untrue claims regarding my comments. You have already blown up with this stitch several times and you will continue to fly with it. And don’t title me as "Oracle from the legendary Odenwald", This is a cheek!

    Reply
  7. Manfred Bender
    You are very well refuted. The "displacement cascade" is a reality & can also be proven. You just have to think beyond the box of D & Europe that can involve and logically think about the figures of global car development. The numbers are available at OICA – International Organization of Motor Vehicle Manufacturers. The logical explanation of me in an extra post.

    Reply
  8. @bender – "absolute nonsense" & "Lug and wore"
    … is not the e-car funding but the assertion that di e s e leads to a CO₂ emission increase. The German car fleet grows by a good 1% per year. She does this regardless of the electric car. In 2020 the growth LT was. KBA 1.15 million. Car. 2.92 million. Cars have been re -approved, mostly combustion engines. D.H. 1.77 million. V -cars have been excreted permanently from approval – through Technik. Ko or export. The cars sold abroad replace I there I.D.R. Older, more harmful, which in turn even older, even more harmful & at the end of the displacement cascade. Both are good for air & climate. The more newly approved cars are & no longer ICEV, the cleaner the air in D & the less CO2 produces the car fleet. E-funding is absolutely useful.

    Reply
  9. Herbert KOpnick
    You can shit as you want here. If cleverly shit a course for the higher civil servant career, you have certainly completed it with award. That there are people who are combined because of poverty "At the end of the displacement cascade" to the final "TKO" Driving, in their withdrawal civil servant fantasy world does not occur as a factor. Just keep shit on!

    Reply
  10. E-car funding is lug and borne!
    Under the guise "Reach climate protection goals" If tax money is wasted here and lied that it crashes. 1. When buying or leasing an e-cart.D.R. the "old" Burners sold and then drives to "TKO" on another owner, with all emissions! 2. When purchasing an e-cart, the well-known CO₂ backpack then comes to the emissions from the sold "V" on top. Now explain to me how the ones were stuck "Climate protection goals" should be achieved if not a single one "V" Less for the reasons mentioned and the CO₂ backpack of the e-cart + "Gray stream refuel" Add to that. This is tax-funded CO₂ emission increase and thus absolute nonsense. The e-car disciples known here cannot deny this!

    Reply
  11. @Sochgen
    Do you actually believe that I don’t know what you want with your constant taunts? Forget it, you are really not an object for mine "anger". This is not an excuse, because to discuss with them is a wasted time and with this knowledge I have shown not to be there alone.

    Reply
  12. An absolute cheek
    To finance these electric cars with billions from tax money. A distortion of competition par excellence. But pull in the tail on the subject of vaccination obligation… Somehow that doesn’t really fit together. But it’s about power. Now the age of 16 down to 16 and in a few years in a few years, e-lawn mowers and e-toothbrushes will be subsidized. And a wind turbine should stand in every garden. A small one that at least supplies the cargo bike with energy. I think I’m slowly sitting in the wrong film. Maybe we also subsidize the nuclear power plant in the Czech Republic and France. So that the perspective is right. Red green craze.

    Reply
  13. Considerations……
    Currently the electricity costs are increasing very much. I’m happy to exchange my leasing e-car EQC400 for a GLA250E hybrid in May, so I can freely decide which fuel I drive. Actually, I wanted to continue driving e-car……

    Reply
  14. More than 80 %
    The new car is purchased on business. These are deducted tax. Why should these be subsidized by tax money. A new car is not affordable for many and with too high loss of value. In the private sector for good -looking than two or third vehicle. Do these people need subsidies for thirdtail? Sorry, such a system at the expense of taxpayers, the citizen does not seem democratic to me. The problems of the charging structure is also not solved. Almost impossible to realize in large cities. The car for everyone? Most expensive electricity in Europe.

    Reply

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