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New registrations of plug-in hybrids (PHEV) and electrically powered cars (BEV) in Germany in 2023: Analysis and effects
According to a report from www.heise.de, 175,724 plug-in hybrids (PHEVs) were newly registered in Germany last year, which corresponds to a decline of almost 52 percent compared to the previous year. At the same time, the number of purely electric vehicles (BEVs) rose by 11.4 percent to a total of 524,219 new registrations. In addition, the share of gasoline-powered cars fell by 1.8 percent and diesel-powered cars by 0.7 percent. This led to a 4.9 percent increase in CO₂ emissions to an average of 114.9 g/km compared to the previous year. It also showed that SUVs are the largest segment of the...
New registrations of plug-in hybrids (PHEV) and electrically powered cars (BEV) in Germany in 2023: Analysis and effects
According to a report by www.heise.de Last year, 175,724 plug-in hybrids (PHEVs) were newly registered in Germany, which corresponds to a decline of almost 52 percent compared to the previous year. At the same time, the number of purely electric vehicles (BEVs) rose by 11.4 percent to a total of 524,219 new registrations. In addition, the share of gasoline-powered cars fell by 1.8 percent and diesel-powered cars by 0.7 percent. This led to a 4.9 percent increase in CO₂ emissions to an average of 114.9 g/km compared to the previous year.
It also showed that SUVs made up the largest segment of new registrations with a share of 30.1 percent, followed by the compact classes, small cars, off-road vehicles, medium-sized cars, upper-class cars and sports cars. Luxury cars recorded the largest increase of 12.9 percent.
As a financial expert, I analyze the possible impact of these developments on the market and the financial industry. The decline in new PHEV registrations and the rise in BEVs could mean that consumers are increasingly choosing purely electric vehicles. This could lead to increased demand for electric cars, driving the shift to renewable energy and reducing CO₂ emissions. Companies active in the field of electromobility could benefit from this trend and thus become more attractive for investors.
The shifts in new registrations by segment could also change the need for different vehicle types. This could potentially impact the production and distribution of vehicles, which could have financial consequences for automakers and suppliers.
Overall, the trend towards more electric vehicles and the associated decline in PHEVs could have a significant impact on the automotive market and the financial industry. It remains to be seen how these developments will develop in the future.
Read the source article at www.heise.de