VDA

Registrations of new electric vehicles collapsed in Germany following cuts in buyers' premiums at the beginning of the year. Registrations for battery electric vehicles dropped about 83 percent to 18,100 in January from 104,300 in December, when many people rushed to receive the full subsidy, according to the Federal Motor Transport Authority (KBA). The share of e-cars fell to 15 percent in January from more than 55 percent in December, while total car registrations dropped three percent, car industry association VDA said. The government decided in mid-2022 to reduce support payments for new e-cars, arguing they had become increasingly attractive for buyers even without support payments. Last year, e-car buyers received up 6,000 euros from the state when buying a new vehicle, plus up to 3,000 euros from the car manufacturers themselves.

2023 February 3, Benjamin Wehrmann, “E-car sales plummet in Germany following subsidy cut”, in Clean Energy Wire, archived from the original on 22 Mar 2023, retrieved 03 May 2023