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Electric Vehicle Manufacturing in Germany Industry Data and Analysis
The production of electrified vehicles by domestic car manufacturers has picked up noticeably in the last five years, even though the earnings situation of industry participants remained tense throughout the past five-year period due to high development and production costs and the still lower unit volumes compared to the production of conventionally powered cars. With the introduction of new vehicle models and the technological improvement of alternative drive technologies, the sales and turnover figures of industry participants rose extremely dynamically, especially in the first half of the past five-year period. This development was strongly supported by the tightening of EU emission limits for manufacturer fleets and generous purchase incentives for low- or zero-emission vehicles in the leading sales markets of North America and Europe. In the second half of the period, sales of electric cars came to a temporary standstill with the tightening of subsidy conditions and the reduction of subsidy premiums in important export markets such as the USA and France. In Germany, the abrupt discontinuation of the environmental bonus in December 2023 reduced the price appeal of electric vehicles and led to great uncertainty among consumers in the short term, which manifested itself in significantly lower sales figures in 2024. Overall, industry sales have grown at an average rate of 19.9% per year over the past five years.
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What's included in this industry analysis
IBISWorld's research coverage on the Electric Vehicle Manufacturing industry in Germany includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released May 2025.
About this industry
What's this industry report about?
The Electric Vehicle Manufacturing industry in Germany operates under the WZ industry code C29.11DE. The electric vehicle manufacturing industry comprises the production of passenger cars and commercial vehicles that are either significantly or fully powered by an electric motor. In addition to battery electric vehicles, this also includes fuel cell vehicles and vehicles with plug-in hybrid drives that can be charged electrically from the outside. Related terms covered in the Electric Vehicle Manufacturing industry in Germany include hybrid, suv and wltp.
What's included in this industry?
Products and services covered in Electric Vehicle Manufacturing industry in Germany include Cars with battery electric drive, Cars with plug-in hybrid drive and Electronic commercial vehicles.
What companies are included in this industry?
Companies covered in the Electric Vehicle Manufacturing industry in Germany include Volkswagen AG, Bayerische Motoren Werke AG and Mercedes-Benz Group AG.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Electric Vehicle Manufacturing industry in Germany.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Electric Vehicle Manufacturing industry in Germany.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Electric Vehicle Manufacturing industry in Germany.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Electric Vehicle Manufacturing industry in Germany. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Electric Vehicle Manufacturing industry in Germany. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Electric Vehicle Manufacturing industry in Germany. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Electric Vehicle Manufacturing industry in Germany. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Electric Vehicle Manufacturing industry in Germany.
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Frequently Asked Questions
What is the market size of the Electric Vehicle Manufacturing industry in Germany in 2026?
The market size of the Electric Vehicle Manufacturing industry in Germany is €56.7bn in 2026.
How many businesses are there in the Electric Vehicle Manufacturing industry in Germany in 2025?
There are 22 businesses in the Electric Vehicle Manufacturing industry in Germany, which has grown at a CAGR of 1.9 % between 2020 and 2025.
How may import tariffs affect the Electric Vehicle Manufacturing industry in Germany?
The Electric Vehicle Manufacturing industry in Germany is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
How may export tariffs affect the Electric Vehicle Manufacturing industry in Germany?
The Electric Vehicle Manufacturing industry in Germany is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
Has the Electric Vehicle Manufacturing industry in Germany grown or declined over the past 5 years?
The market size of the Electric Vehicle Manufacturing industry in Germany has been growing at a CAGR of 19.9 % between 2020 and 2025.
What is the forecast growth of the Electric Vehicle Manufacturing industry in Germany over the next 5 years?
Over the next five years, the Electric Vehicle Manufacturing industry in Germany is expected to grow.
What are the biggest companies in the Electric Vehicle Manufacturing industry in Germany?
The biggest companies operating in the Electric Vehicle Manufacturing industry in Germany are Volkswagen AG, Bayerische Motoren Werke AG and Mercedes-Benz Group AG
What does the Electric Vehicle Manufacturing industry in Germany include?
Cars with plug-in hybrid drive and Cars with battery electric drive are part of the Electric Vehicle Manufacturing industry in Germany.
Which companies have the highest market share in the Electric Vehicle Manufacturing industry in Germany?
The company holding the most market share in the Electric Vehicle Manufacturing industry in Germany is Volkswagen AG.
How competitive is the Electric Vehicle Manufacturing industry in Germany?
The level of competition is high and steady in the Electric Vehicle Manufacturing industry in Germany.
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