ROUNDUP: Electric boom end? Sales of e-cars fell in June | News

BERLIN / FLENSBURG (dpa-AFX) – New registrations of electric cars have been growing for years, sometimes in a three-digit percentage range – but now sales are weakening. According to the Federal Motor Transport Authority (KBA) on Tuesday, with nearly 83,600 electric cars (BEVs), 12.5 percent more new cars appeared on the road in the first half of the year than in the same period last year. However, looking at the single month of June, the authority recorded a 3.5% drop. compared with the same month last year.

For the second time this year, new purely electric car registrations dropped. From the point of view of industry experts, material bottlenecks that have been straining the entire industry for months are now being felt in this segment as well. “The chip crisis has long reached the electrical segment and is slowing production there,” said Peter Fuss of consulting firm EY on Tuesday.

But there are also changes on the demand side, stressed Thomas Peckruhn, vice president of German car trade on Tuesday. On the one hand, customers are discouraged by long delivery times. More and more, they just take what’s there. In addition, many are unsure whether they will get the cars they ordered on time to receive funding, or what it will look like in the future.

Here, the federal government is thwarting its own efforts on the road to electromobility, criticized Peckruhn. In general, the situation in trade is catastrophic – emphasized the deputy ZDK. And there is no relief at the moment.

In total, around three-quarters of a million pure electric cars are currently in use on German roads. KBA has not yet presented inventory data for the first half of the year. However, based on the new registrations and inventory as of April 1, the number can be estimated.

According to KBA, 687,241 purely electric cars were registered in Germany after the first quarter. In the second quarter, 83,591 new registrations were recorded. However, they cannot be added one-to-one to the inventory as the cars are also deregistered. In recent quarters, inventory growth has typically been around 15 percent lower than for new registrations.

This would bring about 758,000 pure electric vehicles on the roads, and three-quarters of a million would be exceeded, even if the difference between new registrations and the increase in numbers was 24 percent. Proper extrapolation results in a stock of between 680,000 and 690,000 plug-in hybrid vehicles. This increases the distance to clean electric car what’s more.

It is becoming increasingly clear that “the heyday of this type of drive was apparently relatively short,” said expert EY Fuss, bearing in mind the controversial plug-in hybrids for the environment. “Without the tax and environmental bonuses, plug-in hybrids are likely to be much less attractive – especially for company car drivers.”

Time will tell if the electric boom in the German car market will diminish in the long term. “Automakers are bringing more and more attractive models to the market, and high fuel prices are leading to even more interest in electric cars in particular, while diesel vehicles are becoming less and less interesting,” emphasized Fuss. The percentage of new registrations of purely electric cars in June was 14.4%. – two percentage points more than in the same month last year.

Overall, the automotive industry remains tense. According to KBA, almost 1.24 million new vehicles were registered in the first half of this year. This is eleven percent less than in the same period last year. “The market is still not operating normally,” said Reinhard Zirpel, president of the Association of International Automobile Manufacturers (VDIK) on Tuesday. “Because sales do not depend on demand, but on limited car production.” / Maa / ruc / DP / jha

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