• News
  • Advertise
  • Privacy & Policy
  • Contact Us
The Cabal
  • Home
  • Editorial
  • News
  • Entertainment
  • Business
  • Education
  • Health
  • Politics
  • Opinion
  • Sport
  • Contact Us
No Result
View All Result
  • Home
  • Editorial
  • News
  • Entertainment
  • Business
  • Education
  • Health
  • Politics
  • Opinion
  • Sport
  • Contact Us
No Result
View All Result
The Cabal
No Result
View All Result
Home Foreign

Minority Of German Car Owners Buy Electric Vehicles, Report Says

Thecabal by Thecabal
October 15, 2024
in Foreign
0
Minority Of German Car Owners Buy Electric Vehicles, Report Says
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

(dpa/NAN) A recent report from German insurer HUK Coburg shows a sluggish transition to electric vehicles among German car buyers, indicating that a small fraction of the population is fully embracing electric cars.

According to the report, only 3.9 per cent of private car owners opted for electric vehicles both new and used during the third quarter of this year.

The report reveals that the share of battery-powered cars within the private vehicle fleet saw a modest increase of just 0.1 per cent between July and September, reaching a total of 2.9 per cent.

As the market leader in motor vehicle insurance in Germany, HUK covers nearly 14 million insured vehicles.

The company analysed data from hundreds of thousands of drivers registering vehicles annually, retroactively calculating electric car rates in the private vehicle sector since early 2020.

In spite of a broader range of electric vehicle models and technical advancements, the shift to electric vehicles this year has regressed to 2021 levels.

This particularly followed the government’s decision to eliminate purchase incentives.

The company predicts that the overall national share of electric cars may grow at a slower pace this year compared to the previous four years.

The evaluation also reveals that over one-third of previous electric car owners have chosen combustion engines for their next vehicle purchase this year, raising concerns about a potential “fundamental acceptance problem” within the market.

Meanwhile, a representative survey conducted by YouGov, involving 4,147 participants, found that 17 per cent expressed intentions to transition from combustion engines to electric motors within the next two years.

However, even if these respondents follow through on their plans, HUK’s calculations indicate that Germany would still fall short of its target of 15 million purely electric cars by 2030. (dpa/NAN)

Author

  • Thecabal
    Thecabal

Previous Post

Lawmaker Empowers Constituents With Motorcycles To Navigate Economic Hardship

Next Post

20 IDPs In Edo Camp Graduate From Tertiary Institutions

Thecabal

Thecabal

Related Posts

Akpabio Urges Colleagues To Prioritise Security
News

Previous Constitution Amendments Didn’t Resolve Governance Questions, Senate Observes  

July 4, 2025
Tinubu Urges Just Energy Transition
News

Tinubu Urges Just Energy Transition

July 4, 2025
Constituents Begin Recall Process Against Akpoti-Uduaghan
News

Women Groups Slam Senator Natasha Over ‘Obstinate Posture’

July 4, 2025
Guild Of Editors Suspends Editor For One Year
News

Guild Of Editors Suspends Editor For One Year

July 4, 2025
Next Post
20 IDPs In Edo Camp Graduate From Tertiary Institutions

20 IDPs In Edo Camp Graduate From Tertiary Institutions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
NPC Begins Free Birth Registration Exercise In Delta

NPC Begins Free Birth Registration Exercise In Delta

September 4, 2024
Literacy Day: Stakeholders Urge Promotion Of Multilingual, Indigenous Education

Literacy Day: Stakeholders Urge Promotion Of Multilingual, Indigenous Education

September 8, 2024
Rep Dibiagwu Advises Niger-Delta People To Eschew Crisis

Rep Dibiagwu Advises Niger-Delta People To Eschew Crisis

September 16, 2024
Obasanjo  World’s Most Documented President —Foundation

Obasanjo World’s Most Documented President —Foundation

August 28, 2024
House Committee Commits To Full Implementation Of Disability Act

House Committee Commits To Full Implementation Of Disability Act

0
Plateau: PDP Asks Chief Justice To Probe APC Leaders’ Claim Of Judiciary Control

Plateau: PDP Asks Chief Justice To Probe APC Leaders’ Claim Of Judiciary Control

0
Nigeria’s Judiciary Now “Cash And Carry”– Atiku

Nigeria’s Judiciary Now “Cash And Carry”– Atiku

0
Rule Of Law Cornerstone Of Governance In Any Given Polity – AGF

Rule Of Law Cornerstone Of Governance In Any Given Polity – AGF

0
Akpabio Urges Colleagues To Prioritise Security

Previous Constitution Amendments Didn’t Resolve Governance Questions, Senate Observes  

July 4, 2025
Tinubu Urges Just Energy Transition

Tinubu Urges Just Energy Transition

July 4, 2025
Constituents Begin Recall Process Against Akpoti-Uduaghan

Women Groups Slam Senator Natasha Over ‘Obstinate Posture’

July 4, 2025
Guild Of Editors Suspends Editor For One Year

Guild Of Editors Suspends Editor For One Year

July 4, 2025

Recent News

Akpabio Urges Colleagues To Prioritise Security

Previous Constitution Amendments Didn’t Resolve Governance Questions, Senate Observes  

July 4, 2025
Tinubu Urges Just Energy Transition

Tinubu Urges Just Energy Transition

July 4, 2025
Constituents Begin Recall Process Against Akpoti-Uduaghan

Women Groups Slam Senator Natasha Over ‘Obstinate Posture’

July 4, 2025
Guild Of Editors Suspends Editor For One Year

Guild Of Editors Suspends Editor For One Year

July 4, 2025
The Cabal

© 2023 The Cabal
For Truth & Humanity

Quick Navigation

  • News
  • Advertise
  • Privacy & Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Editorial
  • News
  • Entertainment
  • Business
  • Education
  • Health
  • Politics
  • Opinion
  • Sport
  • Contact Us

© 2023 The Cabal
For Truth & Humanity