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CleanTechnica2 days ago

EVs At 35.2% Share In Germany – Incentives Reboot?

Key Takeaway

Accelerating EV adoption in Germany foreshadows significant future electricity demand growth and grid integration challenges/opportunities for power developers and large consumers globally.

AI Summary

  • German plugin EV market share reached 35.2% in November, a significant year-on-year increase from 22.8%.
  • Battery Electric Vehicle (BEV) and Plug-in Hybrid Electric Vehicle (PHEV) volumes grew by 59% and 57% YoY respectively, indicating strong consumer adoption.
  • This rapid EV growth signals a substantial increase in future electricity demand, creating opportunities for new generation, grid infrastructure, and charging solutions for developers and IPPs.
  • The article's mention of an 'Incentives Reboot?' suggests potential policy shifts that could further accelerate or alter EV market dynamics and associated grid impacts.

Topics

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Article Content

November saw plugin EVs at 35.2% share in Germany, up from 22.8% share year-on-year. BEV volume increased by 59% YoY, while PHEVs grew 57%. Overall auto volume was 250,671 units, up some 2.5% YoY. November’s best-selling BEV was the Volkswagen ID.7. November’s auto sales saw combined EVs at 35.2% share ... [continued] The post EVs At 35.2% Share In Germany – Incentives Reboot? appeared first on CleanTechnica .