Friday, January 21, 2022

Germany’s EV Market Share climbs to 21.3% in December

With 48,436 new electric cars, the German Federal Motor Transport Authority (KBA) recorded a new record for new registrations in December. With a share of 21.3 per cent, this segment reached another record high.

A total of 227,630 new passenger cars were put on the road across all drive types – a drop of 26.9 per cent compared to December 2020. The annual balance sheet thus shows a total of 2.62 million new cars, 10.1 per cent fewer than for 2020. In 2021, 65.4 per cent (-6.5 per cent) of new cars were registered commercially and 34.6 per cent (-16.3 per cent) privately.

With the increasing shares of electrified cars, the share of pure combustion vehicles is consequently decreasing. In 2021, new registrations of petrol cars fell by -28.6 per cent compared to the previous year – a share of 37.1. Diesel cars accounted for a share of 20 per cent of new registrations and recorded a decline of 36 per cent.

Details on the individual models are not yet available. The KBA will only publish this information in the next few days. However, new car registrations by brand already show that Tesla, with 6,662 new registrations, achieved a share of 13.8 per cent among electric cars. Smart, on the other hand, also a purely electric brand, achieved 2,213 new registrations (a share of around 4.6 per cent).

The KBA has not yet released figures on the number of cars in circulation. These are not expected until the coming weeks. However, it can be assumed that the stock of all-electric cars as of 1 January 2022 will have doubled compared to the stock as of 1 January 2021 (309,083 electric cars) thanks to the new registrations from last year.

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Hi I'm Leanne. I'm a big fan of electric cars (drive a Model 3 myself) and support the movement to go electric! I hope you enjoy my Articles here on the website.
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