Wednesday, May 22, 2024

New figures show a massive decline in interest in electric cars

Interest in new electric cars is not what it used to be. At least not in Europe's largest car market in Germany.

While used electric cars are rattling down in price, and right now have never been worth less, interest in the new ones is also falling.

This can be seen in the sales figures in Germany, which constitutes Europe's absolute largest car market. The figures must be seen in light of the fact that the German government removed all public support for electric cars last December.

A move that was supposed to help patch a gaping hole in the treasury, but which also caused interest in the cars to plummet almost immediately.

It could already be seen from the sales figures in January that the interest in electric cars is not the world's greatest. At least not without government support. The Germans thus registered 55 percent fewer electric cars in the first month of 2024. Read more about it here .

READ ALSO: So many cars have been impounded for speeding in 3 years

Since then, interest in the new cars has continued to decline. However, Stefan Bratzel from the Center of Automotive Management (CAM) points to several reasons in a comment to Auto Bild.

New electric cars become old very quickly because development is so fast. And that fact alone can make drivers who are actually interested in electric cars hold back.

In addition, several of the very large car rental companies have significantly reduced the number of electric cars in recent months. Quite simply because the cars are too bad and too expensive a business.

A third thing is that, with the rule change from December, there is a lack of incentives to buy an electric car. The prospect of a lack of state-subsidized electric cars has also caused several organizations to raise their voices at home. Read more about it here .

Read more exciting news from and about the world of cars right here!

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