Roundup: End of subsidy scheme weighs on German BEV sales


By Rao BoShan Weiyi
  • World
  • Wednesday, 07 Aug 2024

FRANKFURT, Aug. 6 (Xinhua) -- Sales of battery electric vehicles (BEVs) in Germany slumped in July, due to weak demand exacerbated by the premature withdrawal of incentive policies at the end of last year.

New registrations of BEVs in Germany in July plunged sharply by 36.8 percent compared to the same period last year, to 30,762 units, figures released by the Federal Motor Transport Authority (KBA) on Monday have shown. Meanwhile, new registrations of passenger cars overall fell by 2.1 percent in July year-on-year.

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