Germany Marks One Million EV Milestone
57,000 electric vehicles were registered in Germany in July, taking the total number of EVs on Germany’s roads over the symbolically significant number of a million.
The German government had set a target of reaching the million mark by the end of 2022 – a goal that long seemed impossible. As recently as 2019, there were less than 85,000 EVs registered in Germany. So the government was quick to portray the new milestone as a watershed.
“German transportation is converting to renewable energy sources, and there’s no going back,” said Minister for Economic Affairs and Energy Peter Altmaier. “We intend to use this momentum and extend the innovation bonus for buying an electric car until the end of 2025.”
Germany currently offers subsidies of up to EUR 9000 to purchasers of new EVs and hybrids. But German ambitions go far beyond the status quo, and the government is investing huge sums in infrastructure to encourage more drivers to go electric.
“One million electric vehicles is a significant initial goal, and I’m happy we achieved it together,” said German Transportation Minister Andreas Scheuer. “But to reach our 2030 climate goals, we need to be more ambitious. Our new goal has to be 14 million EVs by 2030.”
“The government is pumping EUR 2 billion into the charging infrastructure to make e-mobility extremely user-friendly” says Germany Trade & Invest (GTAI) automotive expert Christoph Mester, “Whether it’s e-autos, charging infrastructure or autonomous driving, Germany is the place where future mobility is becoming new mobility. It’s the optimum time for new business models, and that of course applies equally to international companies setting up shop in Germany.”