Overview

• Germany's April 2025 electric vehicle (EV) registrations reached 19%, surpassing diesel for the first time, with two-thirds purchased by commercial fleets.
• Private EV adoption stagnates at just 3% of the total car fleet, hindered by high upfront costs and the end of the €4,500 Umweltbonus subsidy in December 2023.
• Tax advantages for electric company cars, including a 0.25% valuation for vehicles up to €100,000, have bolstered fleet purchases significantly.
• Consumer sentiment toward EVs has cooled, with only 42% of surveyed individuals rating them positively, down from 46% two years ago.
• Global EV sales hit a record 17 million in 2024, with China leading the market, though price disparities in Europe continue to limit private adoption.