Cars: minus electric vehicles: because sales are breaking 2

Cars: minus electric vehicles: because sales are breaking

Suddenly, the question is in the basement: even in China, the world's largest market for electric cars, they break the sales figures. These reasons are the basis.

In Germany, electric mobility is experiencing significant growth, albeit at a very low level. This again confirms the registration statistics of the Federal Office of Motor Vehicles every month.

But the big markets for electric cars are elsewhere, for example in China, Norway or the United States. And there, the wind has changed, as emerges from a report by PricewaterhouseCoopers (PwC) business consultants.

As a result, in the third quarter of 2019, 321,573 battery-powered electric cars were sold worldwide. This is a 2.8 percent drop compared to the previous year. Plug-in hybrid sales even fell by a quarter (23.8 percent) to 102,097 units sold. There are several reasons for this.

Promotion interrupted, supply missing

"Electric mobility has so far been an urban phenomenon that is increasingly occurring in the suburbs of major cities in the United States or in Germany, in the bacon belt of large cities such as Munich or Hamburg," says Felix Kuhnert, an expert on PwC. And in some regions and countries, development is progressing faster than in others.

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Furthermore, the new electric cars would hit an extremely difficult economic environment.

This is particularly evident in a country that until now has been one of the main drivers of the development of electric cars: China. The largest market in electric cars in the world collapsed dramatically between July and September 2019. Sales of electric cars decreased by 15.7%, hybrid cars by 20% and plug-in hybrids by 27.3%.

This is a very simple explanation for this: as of July 2019, the Beijing government has ceased the previous promotion for buyers.

Sales in the United States also fell sharply. Here is the least 15.5 percent. But the reason is different, says the PwC expert, that is "clearly the lack of the right product". He says: there are too few electric SUVs.