Germany’s automotive industry is facing significant challenges as electric vehicle (EV) demand plummets, largely due to high costs and underdeveloped battery technology. Between January and September, new registrations for battery-electric vehicles dropped by 28.6% compared to 2023, prompting concerns over the future of EV adoption. Factors like government incentives, consumer doubts regarding range and charging infrastructure, and depreciating resale values contribute to the reluctance in purchasing EVs. Experts anticipate advancements in battery technology, such as solid-state batteries, could alleviate some challenges, but a notable recovery in market confidence remains uncertain.

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