Germany Leads EV Sales in Europe

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Top Electric Car Seller Renault Zoe
Source:  Renault 

 Electric Vehicles Going Mainstream in Germany
Germany is Europe's biggest auto market.  Since the beginning of 2019, it's been pulling ahead of Norway as the biggest market for electric vehicles.  Now for the first time, Germany is poised to end 2019 as the regional leader in electric car sales on an annual basis. In 2019 through November, 57,533 new electric cars were sold in Germany.  By contrast, 56,893 electric cars were sold in Norway.  Since 2010, Norway has led Europe in the sales of electric cars.

European EV Incentive Push
Across Europe, governments are rolling out incentives to sell electric vehicles and push for green energy, cutting carbon dioxide emissions.  In Germany, Daimler, BMW, VW are launching a major EV push with new models in 2020 and through the decade. In Germany alone, 150 new electric cars will be available by 2023.  German automakers will have invested approximately $49 billion in the development of electric vehicles by 2024.

Norway Has Been Leading the Way, Now Germany Tops Sales with Renault Zoe
Compared to Germany's population, Norway is about 6.4% the size.  So this tight race is a matter of  population numbers.  But, the great news is that Europe is going with electric vehicle in a very mainstream way. In terms of market sales, EVs accounted for 3% of new vehicle registrations in Europe in the third quarter, so there's a great deal of growth potential going forward. And, there's momentum growing in Germany. Germany's top selling EVs are #1 Renault's Zoe, #2 BMW ID.3 and Tesla's Model 3. For a free Kindle borrow or sample read of journalist Ed Kane's new book "Hot Electric Vehicles for the 2020'a", go to amazon.com/author/ekane  https://read.amazon.com/kp/embed?asin=B082GKV1ZY&preview=newtab&linkCode=kpe&ref_=cm_sw_r_kb_dp_Ye47DbHHKWM4H


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