Electric car sales in Germany fell by 32% in January compared to the same point last year, according to data from German auto association VDA.Sales of battery electric vehicles, BEVs, fell by 13% compared to January 2022, while sales of plug-in hybrid electric vehicles, PHEVs, dropped by a stark 53%.
Meanwhile, the United States is adding new subsidies under President Joe Biden. The Inflation Reduction Act passed by Democrats last year includes a provision allowing up to $7,500 in consumer tax credits for the purchase of a new electric vehicle in an effort to spark widespread EV adoption. That’s because consumers raced to purchase electric vehicles at the end of 2022 before the incentives expired, prompting record-setting sales that therefore exaggerated the subsequent January decline.
It “can be assumed that the changes in subsidies at the turn of the year had an effect” on sales of electric vehicles in the country, VDA’s Eva Siegfried told the Washington Examiner.
Govt subsidies power all EV's on the planet, yes even Tesla's.
Duh
NO one should buy a EV vehicle until they add a Generator to help keep the battery charged
Shocked! Say it isn't so.
You mean the quantity demanded went down after a price increase?
Who could have predicted?
Gee didn’t see that coming……
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