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ACEA: E-mobility in Europe is weakening - due to Germany
The sluggish demand for electric cars in Germany is causing a decline in the EU average. According to the industry association Acea, registrations of electric cars fell by 10.2 percent in December 2024. "This decline was primarily due to a significant drop in registrations in Germany (-38.6%) and France (-20.7%)," Acea reported.
Overall, the share of newly registered electric cars in 2024 decreased to 13.6 percent. A year earlier, the share was one percentage point higher, according to the information. Gasoline and diesel vehicles remain popular in new registrations. They account for 33.3 (2023: 35.3) and 11.9 (2023: 13.6) percent respectively. Hybrid electric vehicles have gained around five percentage points and now have a share of 30.9 percent.
Germany lags behind in electric cars
Contrary to the EU trend, the share of newly registered gasoline or diesel cars in Germany slightly increased last year. In 2023, they accounted for 34.4 and 17.1 percent respectively, and in 2024, they stood at 35.2 and 17.2 percent. Meanwhile, the share of electric cars on the roads is visibly increasing in some other EU countries. For example, their share of new registrations is significantly higher in Scandinavia. The EU leader in 2024 was Denmark, where electric cars accounted for 51.5 percent, according to Acea.
Electric cars in Scandinavia have long been promoted in various ways – in the Danish capital Copenhagen, for example, they were allowed to park for free until the end of 2023, unlike combustion vehicles. In Denmark, the charging infrastructure was also significantly expanded in 2024. The tendency for Scandinavians to buy more electric cars than gasoline or diesel vehicles is presumably also related to the higher wage levels in their countries.
Car market sees slight increase - but still below 2019 level
Overall, new car registrations in the European Union increased slightly last year. In 2024, the EU sold just over 10.6 million vehicles, which is 0.8 percent more than the year before, according to Acea. The auditing and consulting firm EY highlighted that the car market remains significantly – 17 percent or almost 2.2 million vehicles – below the pre-crisis level of 2019.
"The demand for new cars is weak – in Germany as well as in most other EU countries," said Constantin M. Gall of EY. This leads to a permanent underutilization of car factories. Reasons include the economic downturn, political uncertainties, and high new car prices. EY also stated: "In 2025, the EU sales market is unlikely to perform much better than in the previous year." However, electric cars are expected to sell better thanks to massive price reductions by manufacturers.
VW holds the top spot
Overall, almost all major car markets in the EU saw declines in 2024, although the extent of these declines remained moderate except for France (down 3.2 percent). Spain, on the other hand, recorded a 7.1 percent increase in new registrations. In Germany, sales fell by 1 percent. The Volkswagen Group maintained its top position last year with a 3.2 percent increase to over 2.8 million vehicles sold in the EU. Despite a 7.2 percent decrease, Stellantis (Peugeot, Fiat, Opel) lined up again with just over 1.7 million cars. The Renault Group ranked third, as in the previous year, with a 1.9 percent increase to just under 1.2 million cars. BMW had to accept a decrease of 0.6 percent, while Mercedes-Benz saw a decline of even 2.6 percent.
Translated automatically from German.
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