European EV Sales Explode Even as Incentives Disappear!

From FutureAZA.

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Links from today’s show:
The European passenger plugin vehicle market scored 244,000 registrations in January, a progression of 18% YoY. Positively, BEVs (168,000 units, +37% YoY) continued to grow despite the drop in EV incentives in certain markets.

100% Electric Vehicles = 17% Of New Car Sales In Europe In January

Survey: German consumers turned off by high cost of electric vehicles
https://finance.yahoo.com/news/survey-german-consumers-turned-off-084823489.html

The average price of newly registered electric cars, excluding optional extras and subsidies, rose by more than 4,000 euros to 52,700 euros in Germany this year, slowing the transition to climate-friendly mobility, according to the Center of Automotive Management.
https://www.cleanenergywire.org/news/average-price-electric-cars-rises-eu52700-germany

German carmaker Volkswagen is recalling more than 60,000 electric cars in the United States, affecting both Volkswagen and Audi models. The U.S. National Highway Traffic Safety Administration said Friday the recalled vehicles fail to display some gear positions, which could lead to the cars rolling away if the parking brake is not engaged, increasing the risk of a crash.
https://nypost.com/2025/03/01/us-news/volkswagen-recalls-60k-electric-cars-in-us/

The Volkswagen ID. Buzz Is Already Seeing Huge Discounts. The ID. Buzz raised a lot of eyebrows when it launched in the $60,000 range. Now it’s starting to go for a lot less.
https://insideevs.com/news/751662/id-buzz-discounts-pricing/

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