The German car manufacturers' interest organization VDA expects another sharp drop in sales of electric cars. The fall is greater than before, it now says.
It is difficult to predict the future. But the German car manufacturers' interest organization German Association of the Automotive Industry – VDA – is now doing it anyway.
And it looks bleak for electric cars. After the country's government removed the state subsidy for new electric cars last December, the number of new electric cars has only fallen in Europe's biggest car brand.
And so it will continue. Previously, the VDA believed that the decrease compared to last year will be around 25 percent. Now it is said that 29 percent fewer new electric cars are expected in the course of the whole of 2024.
This is written by Automobilwoche .
Specifically, VDA now expects Germans to buy a total of 372,000 new electric cars this year. Earlier, the organization estimated that the figure, when the year is over, will be up to 392,000 cars.
READ ALSO: Volkswagen regrets – buttons return in all cars
By comparison, just under 2.9 million new passenger cars were sold in Germany last year. It was at a time when the government was still supporting electric cars financially.
In the course of the whole of 2023, the Germans bought 524,000 new electric cars. VDA states that 'the sales figures for electric cars continue to develop undynamically'.
At the same time, the VDA lowers expectations for the plug-in hybrids. Earlier this year, the car type was predicted to have a market share of 5 percent. It is now reduced to just over 2 percent.
– A total of 2.12 million new cars were registered in the course of the first nine months. It was 1 percent less than after the first three quarters of the previous year.
– As a result of the recent drop in registrations, the distance to the level of the crisis (on the German car market, ed.) is increasing again a little. The current level is almost 23 percent below the sales level in the same period in 2019, VDA writes in its forecast.
The VDA concludes by noting that it does not expect the downward sales trend to reverse. Not even if the German government has promised to partially reintroduce state subsidies for electric cars in particular. Read more about it here .
Read more exciting news from and about the world of cars right here!
