Shift to electric vehicles is gathering pace – but who is climbing into the driver’s seat?

Electric vehicle uptake in Germany is growing fast. Last year, electric cars already accounted for nearly 14% of all newly registered vehicles and the trend is rising. A special survey conducted as part of the KfW Energy Transition Barometer shows that high-income households in detached single-family homes are currently the main users of electric vehicles. The primary motives for buying an electric car are concerns about climate change and the innovative nature of the technology. The main reasons not to buy one – besides the high price – are reservations about practicability but also doubts about the climate footprint of electric vehicles. In order for the mobility transition to succeed, it will be important to mainstream electric mobility as an attractive option in all groups of society. The relative cost-efficiency of electric vehicles must be further improved, an efficient charging infrastructure developed and information deficits eliminated.

Shift to electric vehicles is gathering pace – but who is climbing into the driver’s seat?(PDF, 199 KB, non-accessible)

Press release