Electric cars' share to reach 80% in German auto market by 2030

BERLIN

Electric vehicles' share is expected to reach 80% in overall new vehicle registrations in Germany as of 2030, the German economic affairs and energy minister said on Wednesday.

While the previous expectation was to see 10 million electric vehicles, the forecast has now reached 14 million for the period until 2030, Peter Altmaier said during a press meeting.

Energy consumption is also expected to rise rapidly in the country with the increased use of electric vehicles.

*Writing by Gokhan Ergocun in Istanbul