Electric Cars Have Doubled Their Market Share in 2020
2020 is the year electric cars move out of their niche. The sales figures are in six digits, also thanks to the high purchase premiums. But the success is mainly at the expense of another drive.
Alternative drives are becoming increasingly popular with German car buyers. More than every fifth car that was newly registered between January and October runs on electricity or gas, according to a report by the German Energy Agency (Dena). Accordingly, their market share has doubled compared to last year: in 2019 alternative drives made up less than ten percent of new registrations.
The number of newly registered hybrids with combined combustion and electric motors and charging options rose by around 300 percent to around 130,740 vehicles compared to the same period in the previous year. All-electric cars grew by almost 130 percent. Around 121,500 electric cars were newly registered. “Despite the decline in sales in the automotive industry, cars with alternative drives are making a massive leap,” said Dena boss Andreas Kuhlmann, according to the report. Dena sees the main reason for the federal premiums, which would have created a renewed purchase incentive.
According to the industry expert Ferdinand Dudenhöffer;
To carry the auto industry through the corona crisis and the eco-renovation, buyers of electric and hybrid cars receive subsidies of a maximum of 9,000 euros. In addition to pure electric models, the plug-in hybrids supported by a diesel or gasoline engine have also been promoted so far. Environmentalists see this as a sham.
The plus with hybrid and electric drives comes at the expense of diesel. According to the industry expert Ferdinand Dudenhöffer, diesel engines are now being phased out in Europe. In the first nine months of this year, only 27 percent of all registrations in Western Europe were diesel cars – compared to 31 percent in the previous year and 58 percent in 2011. Stricter EU CO2 regulations and the ban on new cars with internal combustion engines in Great Britain will accelerate the slide.”It’s a quiet farewell, but a trend that can no longer be stopped: Europe is saying goodbye to diesel,” said Dudenhöffer.
Electric Cars Have Doubled Their Market Share in 2020
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