EV Boom in Germany: Nearly Ten Percent More New Registrations in September

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In September, an exceptionally high number of pure electric cars were newly registered in Germany once again – nearly ten percent more than the previous year. The EV premium is considered a driver of the boom, while combustion engines continue to lose ground.

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In September, an exceptionally high number of pure electric cars were newly registered in Germany once again. The boom continues – at the same time, the number of newly registered combustion engines is falling.

As the Handelsblatt reports, the number of new EV registrations rose by nearly ten percent year-on-year. This is a clear sign that demand for electric cars in Germany continues to grow.

The Handelsblatt cites the EV premium as a key driver of this development. It is likely to make purchasing an electric car more attractive and thus lead to rising sales figures.

What do the September numbers say?

A nearly ten percent increase in new EV registrations year-on-year is no coincidence. It is the continuation of a trend that has been emerging for months. Electric cars are no longer a niche product in Germany, but a growing segment of the market.

Why does the EV premium play such a big role?

The state purchase premium lowers the purchase price for many EV models. The Handelsblatt identifies a clear factor in its analysis:

The EV premium is likely a driver.

Source: Handelsblatt

The subsidy makes the switch to electric mobility more attractive and thus drives rising sales figures.

Combustion engines continue to lose ground

While EV numbers are rising, new registrations of combustion engines are falling again. Petrol and diesel are continuing to lose ground in Germany – a trend that is continuing in parallel with the EV boom.

What does this mean for the car market?

Anyone interested in a new car today receives a clear signal from the September numbers: the market is continuing to shift toward electric mobility. This has implications for model variety, pricing, and, in the long term, resale value – for both EVs and combustion engines.

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