Auto Industry Germany International Stimulus 
EV Sales
MARCH 22, 2021
Since the general auto market remained slumped, global EV market share increased nicely from 2.8% Most of this was driven by Europe, where strict cash penalties levied directly on automakers, for each ICE (internal-combustion engine) sold, came into effect January 2020 — and simply worked! in 2019 to 4% in 2020. 3RD PLACE — TIE!
Wallbox
JANUARY 4, 2021
Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. In Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%.
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