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ADAC: Tariffs would further depress electric car sales

The auto club warns that tariffs could reduce the number of electric vehicle registrations. Already, the electric vehicle registrations in May are significantly behind those of the same month last year.

Tariffs on electric cars like the models from BYD could further depress the already sluggish electric car sales, warns the ADAC. | Photo: ADAC/Imago/Xinhua
Tariffs on electric cars like the models from BYD could further depress the already sluggish electric car sales, warns the ADAC. | Photo: ADAC/Imago/Xinhua
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Johannes Reichel

The EU tariffs now planned on electric cars from China and the associated rising prices of these models will likely also continue to depress registration numbers, according to the automotive club ADAC. In recent months, about ten percent of newly registered pure electric cars in Germany came from Chinese manufacturers, with this figure rising to 14.4 percent in May 2024. But it's not just Chinese manufacturers that would be affected. Vehicles from German manufacturers intended for the domestic market are also produced in China. The ADAC opposes the planned EU tariffs on electric cars from China, especially in light of the urgently needed transportation transformation and the political goal of having 15 million e-vehicles by 2030.

 

 

 

Fewer people are still buying electric cars than politically desired: With 29,708 newly registered electric cars, the numbers in May remain at a low level. This continues the general trend even for purely battery-powered vehicles, as fewer cars were registered in May than in the months of April and March. In May of the previous year, 42,780 pure electric vehicles were registered.

Penalties tariffs could distort competition and negatively impact the entire industry's innovative capacity to the detriment of consumers, says ADAC Transport President Gerhard Hillebrand: "For the ramp-up of electromobility, a wide variety of offerings in the automotive market is important, regardless of origin. Punitive tariffs, on the other hand, could ensure that some models disappear from the market." Furthermore, ADAC sees the risk of a trade war that could ultimately hit German consumers hard. Hillebrand: "Higher prices for vehicles will influence purchasing decisions and make the switch to environmentally friendly electromobility more difficult. The domestic industry, which already generates a large part of its sales in China, would also suffer from a trade war, which in the end would also be to the detriment of consumers." Therefore, ADAC appeals to the EU and China to find alternative solutions that do not come at the expense of consumers.

Translated automatically from German.
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