Submitted by Surur t3_10as0xk in Futurology
FuturologyBot t1_j45ydr0 wrote
The following submission statement was provided by /u/Surur:
We know EV sales have hit 90% market share in Norway, but there has always been a question of whether they are an outlier and if the rest of the world will follow. Multiple European countries are now showing that Norway was just the forerunner and are rapidly following in their footsteps.
In December 2022, new passenger car registrations in Germany increased by 38% YoY to 314,318, the highest monthly result in 42 months. The most significant result was the massive surge of plug-in electric car sales, both all-electric and plug-in hybrid. In December, 174,126 new passenger plug-in electric cars were registered in Germany, 114% more than a year ago, and a new all-time record. The market share of rechargeable passenger cars in December amounted to 55.4%, a new record, far beyond the previous one of 39.4%, and a true sign of the times that plug-ins are now in the majority.
The reason behind the surge is largely related to the reduction of incentives for BEVs and elimination of incentives for PHEVs from January 1, 2023, meaning January numbers will likely be a lot lower, but there is little doubt that ICE cars are now legacy cars increasingly relegated to the second-hand market.
Notably, the UK also saw record numbers of new electric car registrations in December 2022, with 42,284 all-electric cars (BEVs) and 8,367 plug-in hybrids (PHEVs) registered. This led to a market share of 32.9% and 6.5% respectively or 39.4% combined. The total number of new plug-in electric car registrations in December was 50,651, an increase of 41% YoY. For the year 2022, more than 368,000 new passenger plug-in cars were registered, reaching an average market share of 22.8%. This is a new record and notably better than 2021 (305,281 and 18.5% share).
Given the 14-20 year replacement cycle of passenger cars, it appears likely by 2050 there will be no ICE cars on the roads at all, which should go a long way to meeting CO2 emission targets.
Please reply to OP's comment here: https://old.reddit.com/r/Futurology/comments/10as0xk/german_ev_and_plugin_car_sales_hit_554_market/j45w7xw/
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