Electric vehicle market share in Germany 2014-2024
As of 2024, electric vehicles still had a low market share in Germany, at around three percent for battery-powered electric vehicles and almost two 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 generate 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 237,000 cars belonging to the brand as of 2024. 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. 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 2024 thus far, newly installed charging stations totaled 5,741.