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Germany Electric Car Stock
Germany is the largest EV market in Europe being home to over 2 million EVs by Q1 2023.
With 833,487 units sold in 2022, Germany is still posting 22% YoY growth since selling 681,000 units in 2021.
Over the past 5 years, Germany’s cumulative annual growth rate in EV sales has been an impressive 72%.
It was only in 2017 when Germany sold under 54,500 EVs per year. Today, it sells more EVs in a single month.
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The State of the Electric Vehicle Revolution 2023
Global electric vehicle (EV) stock has surpassed 30 million, and China is home to over half of all the EVs on the world’s roads. 1 in 7 new cars sold last year was electric, and by 2030, we will have 138 Million EVs.
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