In the wake of disappearing incentives, German EV sales have fallen 14.1 percent in Q1 2024
Following the sudden end to German EV incentives in December 2023, sales of all- electric vehicles have dropped 14 percent. Deliveries of plug-in hybrids and other vehicles with alternative powertrains are rising. Germany 's transport sector has missed its climate targets, and slow EV sales won't help. Germans purchased a total of 694,785 new vehicles in the first quarter of 2024, marking a 4.2 percent increase compared to the same period the previous year.
While deliveries of pure electric vehicles declined by 13,399 units, deliveries of cars with electric propulsion systems decreased by a smaller margin, just 5,989 units. This indicates that sales in one or both of the other categories likely improved to offset the losses in the EV segment. When looking at all vehicles with alternative powertrains — EVs, plug-in hybrids, hybrids, hydrogen vehicles, and those powered by natural gas — sales were actually up.
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