Auto industry: The market for used electric cars is not progressing

car industry
Market for used electric cars is not progressing

Coming to the German used car market Electric cars not progressing. At 1.25 percent in the first half of the year, their share in the transfer of ownership has even fallen slightly compared to the same period last year, according to statistics from the Federal Motor Transport Authority. If you don’t take the proportion but the pure number, the decline of more than 10 percent to 37,600 is even clear.

The fact that the proportion of electric cars on the used market is much lower than on the new car market, where it reached almost 16 percent in the first half of the year, is mainly due to the fact that the pure electric vehicles have only been sold in relevant numbers for a few years. For the used car market, it’s more about the stock – and despite the increased numbers, electric cars currently make up less than 3 percent. In addition, vehicles are typically only resold after a few years – so the inventory relevant to the Stromer used market is even smaller.

However, the Stromer share on the used market is by no means the same everywhere: it is highest in Schleswig-Holstein at 1.6 percent and in Bavaria and Hamburg at 1.5 percent each. Lower Saxony with 1.4 as well as Baden-Württemberg and Hesse with 1.3 percent each are above the German average.

A little below that are Brandenburg, North Rhine-Westphalia and Rhineland-Palatinate, each with just under 1.2 percent. Followed by Berlin and Saarland with around 1.0 percent. Thuringia has 0.9 percent, Mecklenburg-Western Pomerania and Saxony 0.8 percent, Bremen and Saxony-Anhalt 0.7 percent.

dpa