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Germany has officially overtaken Norway as Europe's biggest
market for electric vehicles (EVs) after the sales figures for the
first 11 months were collated for both countries. According to
Bloomberg, once the registration data was compared for the 11
months from both countries' data providers, it showed that Germany
had overtaken Norway for the first time in EV sales since they
began selling in significant numbers, with Germany registering
57,533 full battery electric vehicles (BEVs) to Norway's 56,893
units for the first 11 months of the year.
Significance: Norway had led the European EV
market since the Nissan Leaf became the first mainstream volume EV
passenger car in 2010. This is because Norway's buoyant economy, as
a result of its oil and gas revenues, meant that it was able to
offer a progressive programme of extensive government subsidies to
incentivise the sale of EVs, while also investing heavily in
charging infrastructure. However, Norway only has 6.4% of the
population of Germany, which is Europe's biggest automotive market,
so it was only a matter of time before Germany surpassed it;
especially with the larger number of advanced orders for the Tesla
Model 3 being fulfilled since its launch at the end of the first
quarter. The Audi e-tron and Mercedes-Benz EQC have also
contributed, while the launch of the Volkswagen (VW) ID.3 and
Porsche Taycan should bring further accelerated growth in the
German EV market in 2020.
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The above article is from AutoIntelligence Daily by IHS Markit. Every working day, AutoIntelligence Daily provides about 30 articles focused on automotive news, events and trends. Get a free trial.
