Electromobility: Price distance between combustion engine and e-cars shrinks

The price distance between electric cars and burners shrinks. In the meantime, according to calculations by industry expert Ferdinand Dudenhöffer, he is below 3,000 euros when comparing the most popular models if you calculate discounts and other price instruments. A year ago it was much more than twice.

The comparison is based on the average price of the 20 most popular models including discounts. The vehicles are not one to one among themselves. However, the strong change in the distance shows how the price situation changes. “The electric car is making its way into Europe and Germany,” says Dudenhöffer. “The price development is a very crucial factor.”

On the one hand, drivers are increasing list prices and lower discounts for combustion engines, on the other hand falling list prices and higher discounts on electric cars, as Dudenhöffer explains. Specifically, the average discount levels for combustion and electricity are currently practically 17 percent. In January it was still a good 3 percentage points for Stromern below that of the burner.

Falling prices increasing new registrations

The falling price distance may have contributed intensively to the increased electric automotive purchases of the past few months – and could continue to do so in the coming months. The German manufacturers and their foreign daughters in particular benefit from the power upswing, as the current new registration figures at the Federal Motor Transport Authority show for January to July. VW is undisputed at the top, which can record 61,600 new new registrations and a market share of almost 21 percent. Together with the daughters Skoda, Audi and Seat, it has been occupied by places one, three, four and five in the new electric car registrations since the beginning of the year. If you also include Porsche in 15th place, the Wolfsburgers come to a market share of almost 46 percent in Germany – all in all almost 136,000 cars.

The number two in the market is at the BMW brand and group level, the core brand of which is the only one to penetrate the VW Phalanx with a good 28,000 Stromers. Including Mini, the Munich team come to 12 percent and 35,500 cars. This was followed by Mercedes, Hyundai and Opel with 17,400, 15,700 and a good 10,000 vehicles. Tesla has now slipped to ninth place and, according to KBA statistics, has exactly 10,000 new registrations in Germany. If you only look at July, it is enough for the Elon Musk group, who fell unadorned among many customers, even for 14th place.

It is also interesting to see if you cut out better or worse at electric cars than in the overall market. VW and its daughters succeed as well as BMW, but not Mercedes or Opel.

The current development in discounts and new electric car approvals could also have contributed to the fact that stricter requirements for CO2 fleet limit values in the EU have applied since the beginning of the year. Many manufacturers have to sell more electric cars to meet the goals.