STUTTGART (dpa-AFX) – The demand for electric cars continues to increase in Germany. In May, almost 47 percent more purely battery-electric cars were registered than in the same month last year, as the Federal Motor Transport Authority (KBA) announced on Monday. This results in a market share of around 17 percent. In April it was still 15 percent. Gasoline and diesel-powered cars accounted for around 53 percent. Most of the rest is made up of vehicles with hybrid drives.
“Despite the high growth rates for electric cars, we must continue to state that the vast majority of new car buyers choose combustion engines,” commented the car expert at the consulting firm EY, Peter Fuss. There is currently no sign of a real trend reversal towards electric cars. According to the KBA, sales of petrol engines increased by almost 18 percent and four percent for diesel cars.
According to the figures, so-called city all-terrain vehicles (SUVs) were still in business: They increased by 27 percent compared to the previous year and were the strongest segment with a share of almost 30 percent.
A total of around 247,000 cars were newly registered in May 2023, 19 percent more than in the same month last year. This upward trend should continue, predicts EY expert Fuss. The chip shortage is losing importance and the delivery situation is easing. In addition, there is a large backlog of orders and a considerable amount of catching up to do in recent years.
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