Sales of electric cars are slowing down in several European countries. For example, sales in Sweden and Germany have decreased at the beginning of the year of Automotive News according to 15 and 10 percent, while Belgium and France have managed to reverse the trend.
It’s about recession, inflation, uncertainty and, in addition to that, now also the price of rechargeable electricity.
In Germany, sales of electric cars crossed the 524,000 mark in 2023, but growth is slowing down this year. The end of tax reliefs and purchase support has been offered as the reason.
In Germany, electric car use is also affected by the charging price.
Car insurance company Switcherin according to research, Germany is the most expensive country in Europe to charge an electric car at home. The energy needed to drive 100 kilometers costs an average of 7.06 euros.
Another, Moneybarnin according to a study by
With a typical Finnish home electricity contract of 15–26 cents or using public charging services, 100 kilometers, taking into account the energy consumed by an electric car (in summer weather), usually costs 2.20–3.80 euros.
Big country-specific differences
More than 10,000 new electric cars were registered in Ireland in 2023, but sales are slower this year. Purchase subsidies, tax breaks and subsidies encourage the purchase of electric cars, but the country is the second most expensive in Europe to charge an electric car at home. The energy requirement of 100 kilometers costs around 6.66 euros, Switcher’s figures show.
In Belgium, sales of electric cars are expected to continue growing in 2024, rising by up to 48 percent compared to last year, according to market research firm Dataforce. There, consumers are attracted by the country’s income tax deductions, subsidies and reduced taxes for the installation of home charging stations.
Nevertheless, Belgium remains the third most expensive European country to charge an electric car – 100 kilometers of energy costs around 6.63 euros.
At the other end of the scale, Turkey is the cheapest charging country in Europe. Home charging only costs around 0.99 euros per 100 kilometers on average. The second cheapest is Kosovo, 1.31 euros / 100 km.
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