Car industry: Around 100,000 electric cars are in storage in Germany

Car industry: Around 100,000 electric cars are in storage in Germany

The export of electric cars increased significantly last year. But many vehicles are still waiting for a buyer in this country. This is expensive for the manufacturers and could lead to discounts, according to one expert.

According to an analysis by Chemnitz-based car experts, tens of thousands of electric cars are sitting in storage in Germany. Last year, there was a record number of unsold vehicles, explained automobile researcher Werner Olle.

He estimated the surplus at around 100,000. Many electric cars have not found their way to customers, but are parked in parking lots near factories, at dealerships or in ports. This affects vehicles from German manufacturers as well as imports. The reason for this is the abrupt end of the e-car subsidy, which has caused domestic demand to suffer.

The Federal Statistical Office reported in May that the export of electric cars had increased significantly last year. According to the report, 786,000 such vehicles worth 36 billion euros were exported. That was an increase of 58 percent. This means that one in four new cars sold abroad from Germany had a purely electric drive.

“The export valve cannot heal all wounds,” warned Olle. Stockpiling production is expensive and can only be reduced with discounts. The figures show a large-scale decoupling between production and domestic demand.

Source: Stern

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