194,163 fully electric cars were sold in Germany in 2020. That is more than three times higher than in 2019. The increase is partly due to subsidy policy in Germany and current technological developments. Volkswagen emerged as the market leader.
The EV is on the rise in Germany. In 2019, 63,281 cars with a fully electric powertrain were sold at our eastern neighbors, according to the figures from the KBA, this was more than 194,000 in 2020. This represents a market share of 1.2 percent of the total number of cars sold. Interestingly enough, the private market in Germany accounts for almost half of total EV sales. That is quite a contrast to our market, where EVs are mainly purchased for business. Volkswagen takes the largest market share in the field of EVs with 23.8 percent, followed by Renault (16.2 percent) and Tesla (8.6 percent). The market introduction of the Volkswagen ID3 has undoubtedly been a decisive factor in this.
According to KBA director Richard Damm, Germany is well on track to reach the target of 7 to 10 million registered EVs by 2030. The German government has already opened the subsidy tap for this further in the past year. As a result, the purchase subsidy for a new electric car amounts to € 6,000. In the past year, € 652 million in subsidies was paid. The subsidy scheme will in any case remain in force until 2025. The purchase of plug-in hybrids and hybrids is also encouraged, but the amount to be received is then lower. In any case, it is paying off, because in the last quarter of 2020, 22 percent of new cars in Germany had some form of alternative propulsion.