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yesterday

Germany's EV Market Surges as Discounts Hit Record Highs

New electric vehicle registrations jumped 53.5% in April, driven by steep discounts and EU CO₂ compliance pressures, while Tesla faces sharp declines in sales.

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Ein elektrischer Mazda MX-30 e-SKYACTIV.
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Elektroauto-Neuzulassungen in Deutschland weiter im Aufwärtstrend

Overview

  • April 2025 saw over 45,500 new electric vehicles registered in Germany, marking a 53.5% increase from the previous year and raising EVs' market share to 18.8%.
  • Average discounts on new electric vehicles reached 16.7% in April, up 1.8 percentage points from March, as manufacturers responded to EU CO₂ targets and adjusted sales strategies.
  • The price gap between electric and combustion engine vehicles narrowed to its smallest margin since the end of Germany's state environmental premium in late 2023.
  • Used-car prices overall rose by 1.7% due to tight inventory, but values for older electric vehicles continued to decline amid technological obsolescence.
  • Tesla's German registrations dropped by 45.9% in April, attributed to intensifying competition and reputational challenges linked to CEO Elon Musk.