As of 2023, electric vehicles still had a low market share in Germany, at around two percent for battery-powered electric vehicles and almost 1.8 percent for plug-in hybrids. However, both figures were an increase compared to the previous year. This hints at a market with potential.
German electromobility
Electric cars continue to enerate increasing interest around the world for various reasons. One of the long-term targets of the German government is a fossil fuel exit, and electromobility could be the key. In light of growing climate change concerns and the ongoing energy crisis due to the Russia-Ukraine war, electric cars are considered the car of the future. While Tesla is the number one electric car manufacturer in the world, Germany’s own Volkswagen also sells electric vehicles, with around 181,500 cars belonging to the brand as of 2023. Hybrid, mild hybrid, battery electric and plug-in hybrid are the types currently available on the German market.
Miles to go
German new electric car registrations increased annually until 2022, dropping noticeably afterwards to around 124,500 thus far in 2023. While the prices of the vehicles themselves and rising cost of living in general in the country are undoubtedly contributing factors for these numbers, another is the still developing infrastructure for charging electric cars. As of 2023, an additional 711 public charging stations were installed in Germany, which was a significant decrease compared to previous years.
Market share of electric vehicles in Germany from 2014 to 2023
Characteristic
Battery-powered electric vehicle
Plug-in hybrid
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KBA. (March 2, 2023). Market share of electric vehicles in Germany from 2014 to 2023 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1166826/electric-vehicles-market-share-germany/
KBA. "Market share of electric vehicles in Germany from 2014 to 2023." Chart. March 2, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1166826/electric-vehicles-market-share-germany/
KBA. (2023). Market share of electric vehicles in Germany from 2014 to 2023. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1166826/electric-vehicles-market-share-germany/
KBA. "Market Share of Electric Vehicles in Germany from 2014 to 2023." Statista, Statista Inc., 2 Mar 2023, https://www.statista.com/statistics/1166826/electric-vehicles-market-share-germany/
KBA, Market share of electric vehicles in Germany from 2014 to 2023 Statista, https://www.statista.com/statistics/1166826/electric-vehicles-market-share-germany/ (last visited September 01, 2024)
Market share of electric vehicles in Germany from 2014 to 2023 [Graph], KBA, March 2, 2023. [Online]. Available: https://www.statista.com/statistics/1166826/electric-vehicles-market-share-germany/