Moff’s Monthly: Insights into the UK and German EV Markets – January 2025

Welcome to the first edition of Moff’s Monthly, where I dive into the latest trends shaping the UK and German EV landscapes. As we kick off 2025, both markets are experiencing shifts, presenting new challenges and opportunities. Here’s what caught my attention this month:

UK Overtakes Germany as Europe’s Leading EV Market

The UK has emerged as Europe’s largest EV market, surpassing Germany in new electric car registrations. According to the KBA regulator, Germany registered 380,609 fully electric vehicles in 2024—a drop of over 25%—whereas the UK saw a 21% surge, reaching 381,970 registrations.

What’s driving this shift? The UK’s EV sales mandate played a key role, requiring manufacturers to hit specific sales quotas or face fines of up to ￡15,000 per non-compliant vehicle. Automakers responded by aggressively pushing EV sales, including price cuts to meet targets.

Meanwhile, Germany’s EV market felt the impact of the government incentives which ended in late 2023. Without subsidies, demand among private buyers weakened, and manufacturers held back on launching new models until 2025, when stricter EU fleet emissions regulations take effect.

Despite this, consumer appetite for EVs in the UK remains cautious, with only 10% of private buyers opting for electric models in 2024—fleet and business sales drove most of the growth.

Source: https://www.bloomberg.com/news/articles/2025-01-06/uk-overtakes-germany-to-become-europe-s-top-electric-car-market?

Germany’s EV Charging Network Expands by 23% in 2024

Although EV sales in Germany have dipped, its charging infrastructure is growing at a rapid pace. By December 1, 2024, the Federal Network Agency reported 154,037 publicly accessible charging points—a 23% increase year-over-year. Notably, the number of fast chargers jumped by 39%, helping to improve long-distance EV travel.

The largest charging networks are found in:

• Bavaria: 30,464 charge points
• North Rhine-Westphalia: 29,299 charge points
• Baden-Württemberg: 26,495 charge points

These three regions now account for 56% of Germany’s total charging infrastructure. High-power chargers (299 kW+) saw the fastest growth, up 49%, reflecting the demand for ultra-fast charging solutions.

Source: https://evboosters.com/ev-charging-news/growth-23-until-dec-1st-of-germanys-ev-charging-network-in-2024/?

Heavy-Duty EV Charging: A Key Focus for 2025

While passenger EVs dominate the headlines, the electrification of heavy-duty vehicles (HDVs) is gathering momentum across Europe. The EU aims to reduce HDV emissions by 45% by 2030, with zero-emission trucks expected to make up 15% of the fleet.

In 2024, electric trucks, buses, and coaches accounted for 4% of total HDV sales—up from 3.2% earlier in the year. The market for light and medium electric trucks also grew significantly, reaching a 10% sales share in Q3 2024.

Key infrastructure players driving HDV charging expansion include:

• Milence: A joint venture by Daimler Truck, TRATON GROUP, and Volvo Group, expanding its European network.
• ENGIE Vianeo: Developing high-capacity charging hubs between Paris and Lyon.
• Circle K: Expanding multi-use charging stations across Scandinavia.
• Iberdrola: Rolling out ultra-fast chargers in Spain, supporting logistics bases.

The EU’s Alternative Fuels Infrastructure Regulation (AFIR) is pushing further expansion, mandating 150 kW charging stations every 60 km along key transport corridors. This ensures the HDV sector is well-equipped for electrification.

Source: https://evboosters.com/ev-charging-news/outlook-2025-europes-heave-duty-charging-infrastructure-for-electric-trucks/?

The Role of EV Charging in Real Estate: Insights from Knight Frank?

The commercial real estate sector is rapidly recognising the financial potential of EV charging infrastructure. A recent Knight Frank report states that integrating EV chargers into commercial properties can significantly boost revenue, increase asset value, and enhance tenant retention. As the property sector shifts towards sustainability and regulatory compliance, EV charging is becoming a strategic priority for landlords and investors alike.

Key Insights from Knight Frank’s Report

• Revenue Growth: EV charging installations provide landlords with an additional revenue stream through direct charging fees, tenant incentives, and increased rental yields.
• Asset Value Enhancement: Properties with EV charging capabilities see higher desirability and long-term value growth.
• Tenant Attraction & Retention: Businesses increasingly seek locations with sustainable amenities, making properties with EV charging more competitive.
• Regulatory & ESG Compliance: With governments pushing for net-zero targets, buildings with EV infrastructure are better positioned to meet evolving sustainability standards.

Source: https://evmagazine.com/charging-and-infrastructure/knight-frank-ev-charging-boosts-real-estate-revenue?

How Dodona Can Support

Dodona Analytics empowers businesses across the EV ecosystem—OEMs, CPOs, logistics firms, and real estate investors—by providing data-driven insights for smarter decision-making. Our platform helps:

OEMs & CPOs: Optimise site selection, predict demand, and maximise network efficiency.

Logistics & Heavy-Duty Fleets: Identify high-impact charging locations and streamline route planning.

Real Estate & Commercial Landlords: Assess EV infrastructure potential, enhance asset value, and attract sustainability-focused tenants.

As the UK and German EV landscapes evolve, Dodona ensures businesses stay ahead with actionable intelligence, predictive analytics, and strategic guidance. ??

Final Thoughts: A Tale of Two Markets

The UK’s policy-driven EV growth and Germany’s charging infrastructure expansion highlight contrasting approaches to electrification. While the UK is setting sales mandates to push EV adoption, Germany is focusing on building the necessary infrastructure for long-term growth.

Looking ahead, the challenge for both markets is balancing supply and demand. The UK must address private consumer reluctance, while Germany must create policies that reignite EV sales momentum.

Stay tuned for next month’s edition as I track new policy developments, industry trends, and investment shifts across the UK and German EV sectors.

Best, Moff