Uploaded on May 23, 2020
Germany electric vehicle charger market is anticipated to grow at a CAGR over 21.0% during the forecast period, 2019-2025. The country is among the major market of the electric vehicle all across the globe. As per the Federal Motor Transport Authority (KBA), around 63,300 electric cars were sold in Germany in 2019, as compared to 36,000 in 2018. The share of the electric vehicle has increased from 1.05% in 2018 to 1.75% in the country in 2019. The high purchasing power, government incentive, presence of major market players are among the major factor for the growth of the electric vehicle market and so electric vehicle charger market.
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