Saturday, July 3, 2021

E-car Story

 A three-liner business item popped up this morning in Germany....the German government now says that at some point in July....the registration of ONE-million E-cars (battery-run) will occur this month (having started a decade ago).

Does this include plug-in hybrids as well?  Well....yeah.  For 2020, around 200k hybrids were newly registered in Germany, with 194k pure battery-cars.

If you did the math and calculated the spiral....2020 was the BIG year of the past ten years with selling of E-cars/hybrids.

There are four questions to ask here:

1.  Are hybrids and E-cars selling almost one-to-one?  Yes, and it wasn't that way if you go back to 2018/2019 numbers.  Prior to 2018....the numbers to either....weren't much to brag about.

2.  The goal of reaching seven to ten-million E-cars/hybrids by 2030?  It's an actual government goal.  The 2021 situation is shaping up to suggest they might reach seven million by 2030.  How many cars in general are registered presently in Germany?  Grand total of 47-million-plus.

3.  Are the sales evenly distributed around Germany?  No one is collecting data like that, and I might go and suggest that in highly urbanized areas (like Hamburg, Stuttgart, Munich)....it's a much higher percentage than what you'd see in smaller rural regions around the country.  

4.  Is the hydrogen development continuing and threatening the E-car discussion?  Well....yeah....you can't help but notice this continues.  The fact that Volkswagen, BMW and Mercedes put all their money into the E-car business?  This stands out making you wonder if 2030 arrives, and half the consumers prefer a hydrogen vehicle solution.    

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