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it house news on october 6, according to reuters, the german automobile industry association (vda) lowered its annual electric vehicle sales forecast on friday local time, after data showed that sales of electric vehicles in the first nine months fell by 20% year-on-year.

the vda now expects sales of electric cars and plug-in hybrids to fall 21% to 551,000 vehicles, compared with the previous forecast of a 17% decline to 578,000 vehicles.

the main reason for the decline was a higher-than-expected decline in pure electric vehicle sales. due to the sudden cancellation of corporate car purchase subsidies by the german government last year, coupled with the high base in the same period last year, the sales slowdown this year has become more obvious. specific to pure electric vehicles, vda expects annual sales to fall by 29%, higher than the previous forecast of 25%.

in europe, demand for electric vehicles remains sluggish. consumers are expecting cheaper models, while charging infrastructure is behind schedule.

according to the forecast of the german federal vehicle administration kba, as of 2024, the penetration rate of electric vehicles in germany will still be low. among them, pure electric vehicles account for about 3% of the total number of vehicles, and plug-in hybrid vehicles account for nearly 2%.

according to previous reports by it house, the latest opinion poll results released by the german automobile club, germany's largest transportation association, on the 4th local time showed that the cost-effectiveness of chinese brand cars is very attractive to german consumers. if it is a pure electric vehicle, as many as 80% of the respondents showed strong interest.

the european union holds a vote on whether to impose a five-year countervailing duty on chinese electric vehicles. a statement released by the european commission shows that the european commission's proposal to impose tariffs on imported pure electric vehicles from china received the necessary support from eu member states during the vote.

german federal finance minister lindner warned that trade policy disputes may intensify.he pointed out that although the vote had taken place, the european commission led by von der leyen should not trigger a trade conflict - "we need to find a solution through negotiations".

german business circles have also called for negotiations to avoid additional taxes. the confederation of german industry, the association of the german automobile industry and several german carmakers warned that additional taxes would have a negative impact on the german economy.