Strong growth in private e-car purchases observed in HUK Coburg
In the second quarter of 2025, a significant shift towards private electric car ownership in Germany has been observed, according to HUK Coburg's "E-Barometer." 5.5% of private car buyers have chosen fully electric vehicles, marking a substantial increase — approximately a third more — compared to the 4.1% recorded in the first quarter of the year[1].
This surge in electric car purchases comes after the abolishment of the government purchase subsidy at the end of 2023. The data tracks private owners switching to battery-powered cars and excludes hybrid vehicles, company cars, service vehicles, and rental fleets, making it a reliable market indicator distinct from official registration statistics.
The analysis is based on HUK's own insurance data covering over 14 million vehicles. The success of the switch to electric mobility in Germany hinges on the private car market, which accounts for around 90% of the total market.
Preferences towards electric cars vary significantly by age, gender, and federal state. Among those aged 16 to 39, 65% are supporters of electric cars, while only 39% of those aged 40 and over hold the same opinion. Men are more likely to consider battery-operated cars a good thing (55%) compared to women (41%). The highest proportions of electric car owners are in Bavaria (3.7%) and Lower Saxony (3.6%), while the lowest are in Saxony (1.7%).
The survey suggests that widespread skepticism about electric cars among the population is decreasing. The proportion of people rating electric cars as "very good" or "good" has increased, with 48% in the current survey, compared to 37% at the beginning of 2024.
YouGov surveyed 4,180 people aged 16 and over on behalf of HUK from May 12 to June 1. It's important to note that the survey was conducted during the resurgence of the private electric car market in Germany.
[1] Source: HUK Coburg's "E-Barometer"
Note: This article is generated by a model and may contain errors or inaccuracies. Please verify the information before using it for any purpose.
- The growth in private electric car ownership in Germany, as indicated by HUK Coburg's "E-Barometer," is also impacting other industries such as finance, as more consumers seek loans for their electric vehicle purchases.
- The increasing popularity of electric cars in the transportation sector, particularly for private use, is influencing the automotive industry to invest more in technology for battery-powered vehicles.
- The incorporation of advanced technology in electric vehicles is not limited to automotive, but is also extending to the finance industry, as companies develop innovative solutions to facilitate the finance processes for electric vehicle buyers.
