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ToggleNew Car Sales in Germany Rose Nearly 20% in April from A Year Earlier, while Electric Car Sales Fell Slightly
Source: Gasgoo
New car sales in Germany were boosted by an extra three working days in April compared to the same month last year. However, after the phasing out of government subsidies, consumer demand for electric vehicles fell further.
The Federal Transport Administration (KBA) in Germany, Europe’s largest economy, said 243,102 new cars were registered in the country in April, an increase of nearly 20 percent compared with the same month last year. However, adjusted for calendar fluctuations, new car sales in Germany rose just 3 percent in April, EY analyst Constantin Gall said.
Sales of petrol, diesel and plug-in hybrid cars all rose in Germany last month, but consumer demand for pure electric vehicles continued to fall.
Image source: Volkswagen
As a result of the German government’s decision to remove purchase incentives at the end of last year, registrations of electric vehicles in the country fell 0.2 percent in April from a year earlier, with just under 30,000 units sold.
Despite the launch of new models and offers to consumers, the market share of pure electric vehicles in Germany fell to 12.2 percent in April, compared with nearly 15 percent a year earlier. He also added that electric car sales show few signs of an imminent recovery.
“The electric vehicle market will not change much this year. “Many potential buyers are waiting to make a purchase decision or choose an internal combustion engine vehicle again.” Gill said.
Although growth in electric vehicle sales has slowed, the German government has said it aims to have at least 15 million pure electric vehicles on the country’s roads by 2030.