Electric Car Sales in Germany Dropped by 27.4%

According to official statistics, the sales of electric cars in Germany decreased by 27.4% last year. In total, around 280,000 new electric cars were registered in Europe’s largest car market in 2024. This is a 1% decrease compared to the previous year, as reported by the KBA Federal Transport Authority.

Among them, only 380,609 electric vehicles were sold, accounting for 13.5% of the market share. EY analyst Konstantin Gall stated, “After the government subsidies were withdrawn at the end of 2023, the demand for electric cars in Germany slowed down. The high prices of new EV models, weak charging infrastructure, and limited range have also discouraged many consumers from choosing electric vehicles.”

The declining sales of electric cars highlight the challenges faced by Germany’s broad automotive industry. The sector has struggled with weak demand and issues related to electric vehicles. Manufacturers and suppliers announced many job cuts last year.

Ahead of the February 23 elections, the crisis in the automotive industry has become a political issue. Some critics have linked Germany’s general economic downturn to the electric vehicle sector, weakening the electric car manufacturers.