The variety of EVs bought within the EU grew by simply 1.3% within the first half of 2024, however the improve in gross sales can be 9.4% if Germany is excluded, evaluation by advocacy group Transport & Setting (T&E) reveals.
The abrupt removing of buy subsidies contributed to a 16.4% lower in EV gross sales in Germany within the first half of 2024. A secure and supportive regulatory setting is essential to avoiding stagnation and locking in funding, T&E mentioned. It known as on German lawmakers to comply with Belgium’s firm automobile coverage, which units engaging depreciation charges for electrical automobiles and phases out depreciation for combustion engines. Consequently, EV gross sales in Belgium elevated by 48% within the first half of the yr.
EV gross sales grew within the first half in markets with supportive regulatory environments. Whereas the variety of EV gross sales within the EU remained secure, the typical EV share decreased barely to 12.5% (from 12.9% in H1 2023), based on the evaluation. Nevertheless, in the remainder of the EU (excluding Germany) EV market share elevated to 12.5% (from 12.0% in H1 2023).
Lucien Mathieu, Automobiles Director at T&E, mentioned: “Germany’s CDU lawmakers in Brussels ought to cease making an attempt to weaken the EU’s 2035 goal and as an alternative really promote electrical automobiles.”
Supply: Transport and Setting
