The EV market in transition

The end of the purchase subsidy has hit the EV market in Germany harder than in many other European countries. In 2024, new BEV registrations fell by 27.4%, the sharpest decline following the end of a subsidy scheme. At the same time, countries such as Norway and Denmark demonstrate that electric cars can remain in high demand even without a one-off subsidy, provided that the tax and regulatory framework is supportive in the long term.

You can read about the role the used car market plays, particularly for private individuals, in the full article.