While primary markets, adding the United States and China, have reported expansion in 2024 electric vehicles, the same cannot be said about Germany. In fact, sales of electric vehicles fell in the country last year, 27. 4%, as significant subsidies were cut and the German economy fought. According to an analyst, 2024 represented a “lost year for electro-movility” in the country.

Germany is the largest and maximum vital automotive market plate in Europe, however, the figures do not facilitate reading. In total, only 380,609 new electric cars (BEV) were sold in the country last year, a strong decrease compared to figures by 2023 and a crisis that led to a percentage of EV market plate with only 13. 5%. For a country considered as a bell tower for automotive trends in Europe, it is a dark emotion.

The hybrid in the middle of the recession of EV

As EVs struggled, traditional hybrids enjoyed a much rosier year in Germany. Hybrid sales jumped 12.7%, with 947,398 examples. That represents a 33.6% share of all new cars sold. Sales of plug-in hybrids also grew during the calendar year, rising by 9.2% to 191,905 units. Despite this jump, they still have a relatively small 6.8% share of the market.

Gasoline-powered cars remain the non-unusual maximum powertrain type in Germany, accounting for 35. 2?all sales. 991,948 were sold, representing a gain of 1. 4%. enough for a percentage of 17. 2%.

The main reason for the slump in EV sales across the country was the government’s controversial decision to drop subsidies in late December 2023. Local buyers had previously been offered up to €4,500 (~$4,700) when purchasing an EV, while manufacturers would receive €2,250 (~$2,300). Local transport minister Volker Wissing wanted to see the EV market stand on its own two feet without government assistance, but things haven’t panned out that way – at least not in 2024.

READ: EV Sales 22% In Germany, Tesla locks in 55%, but hybrids gain 20% in November

However, all hope is not lost to the Germans who hope to receive help to obtain an EV. Chorus, arguing that the automobile industry wants more assistance, especially when the EU advances with its plans to ban the sale of new combustion motor cars in the coming years.

Winners and losers in the logo race

In the middle of agitation, the German automotive market plate has noticed an aggregate of triumphs and tragedies among car manufacturers. As expected, Volkswagen occupied its dominant position, promoting 536,888 cars (a 3. 4%building) and capturing a percentage of market plans of 19. 1%. But all have percentage in smart news. Tesla, for example, received a great blow, sales of 41% to only 37,574 sets, to the control of the electric giant is immune to the subsidy cuts and economic uncertainty.

Meanwhile, Toyota experienced an impressive construction of 27% in sales, reinforced through its upper hybrid range, and Peugeot recorded a large 44% building. On the other hand, luxury brands such as Audi (-18. 1%) and BMW (-0. 1%) had profit problems, while small players such as Polestar (-49. 4%) and through D (-30. 2%) in electricity sales loose cars in loose fall.

Even smaller players in the market experienced widely contrasting outcomes. Lexus saw a remarkable 75.3% jump in sales, while Aston Martin (-46%) and Maserati (-48.3%) faced sharp declines. Surprisingly, some startups like Lucid delivered attention-grabbing results despite extremely modest volumes, with 392 units sold—a 296% surge—indicating that there’s still a niche audience willing to invest in ultra-premium electric vehicles, even amid a challenging market.