Hyperdrive
Germany Mounts Car-Sales Comeback Powered by Electric Models
- Almost a sixth of new vehicles registered are battery-powered
- Subsidies help industry recover from virus devastation
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Germany’s car market expanded for the first time this year, as sweeter incentives for battery-powered vehicles led Europe’s biggest auto market out of a deep slump.
Almost a sixth of cars registered last month were plug-in hybrids or battery-electric models, Germany’s trade group VDA said Friday. Demand for those vehicles more than quadrupled from a year ago, supporting an 8.4% gain in total sales.