Fraunhofer ISI / 2026
Battery electric vehicle prices fell 18% and model choice quadrupled between 2020 and 2025
In Europe's largest automotive market, battery electric vehicles became about 18 percent cheaper in real terms between 2020 and 2025, even as average prices appeared to rise as a result of a changing model mix. Meanwhile, the number of electric models available on the market has more than quadrupled. That is the finding of a new joint study by the International Council on Clean Transportation (ICCT) and the Fraunhofer Institute for Systems and Innovation Research ISI, covering the German market as a key indicator of broader European trends. The study draws on more than 100,000 individual data points across six vehicle segments, from small to luxury cars.
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