UK Overtakes Germany as Europe’s Largest Electric Vehicle Market
Aggressive government mandates and steep discounts drive record EV sales in Britain, while Germany and France see declines following subsidy cuts.
- The UK became Europe’s top electric vehicle market in 2024, with 381,970 EVs sold, surpassing Germany and France for the first time.
- Britain’s Zero Emission Vehicle (ZEV) mandate, which required 22% of car sales to be electric last year, led manufacturers to offer significant price discounts to avoid fines.
- Germany’s EV sales dropped by 27% in 2024 to 380,609 after the government ended subsidies, while France also saw a 3% decline in registrations to 291,143.
- Electric vehicles made up 19.6% of new car sales in the UK, compared to 13.5% in Germany and 16.9% in France, highlighting Britain’s stronger market share growth.
- Industry concerns persist over the sustainability of heavy discounting and ambitious sales targets, with manufacturers warning of potential risks to jobs and investments.