Generic Hero BannerGeneric Hero Banner
Latest Market News

German EV registrations rise on the month in January

  • Spanish Market: Battery materials, Emissions, Metals
  • 05/02/25

New electric vehicle (EV) registrations in Germany rose on the month and on the year in January, data from motor transport authority KBA show.

• New EV registrations rose by 937 units on the month to 34,498 in January, marking a 53.5pc increase on the year. Despite the rise, sales of EVs made by US carmaker Tesla declined significantly in Germany over the past year (see graph).

• Plug-in hybrid registrations fell by 1,391 on the month to 17,712, but were up by 8.5pc on the year.

• Registrations of other hybrid vehicles decreased by 11,318 from December to 59,252, but were up by 23.1pc on the year.

• Gasoline-fuelled car registrations fell by 6,975 on the month to 62,358, and were down by 23.7pc from January last year.

• Diesel-fuelled car registrations rose by 1,925 on the month to 32,956, but were down by 19.5pc on the year.

• Average CO2 emissions fell slightly on the month to 113.6 g/km in January, down from 115.1 g/km in December. Average CO2 emissions were down 9.5pc on the year.

New German car registrationsunits
FuelNov% of registrations± Dec± % Jan 2024
EVs34,49816.693753.5
Plug-in hybrid17,7128.5-1,39123.1
Other hybrid59,25228.6-11,31813.7
Gasoline62,35830.0-6,975-23.7
Diesel32,95615.91,925-19.5
LPG8590.4-254-54.8
Natural gas00.00-100.0

German monthly Tesla sales

Related news posts

Argus illuminates the markets by putting a lens on the areas that matter most to you. The market news and commentary we publish reveals vital insights that enable you to make stronger, well-informed decisions. Explore a selection of news stories related to this one.

21/03/25

Australia's Simcoa may buy carbon credits until 2028

Australia's Simcoa may buy carbon credits until 2028

Sydney, 21 March (Argus) — Australia's silicon producer Simcoa will likely need to buy and surrender Australian Carbon Credit Units (ACCUs) until 2028 for safeguard mechanism compliance obligations before it completes a key decarbonisation project, it told Argus today. The project was awarded federal funds on 20 March. Australia's federal Labor government granted Simcoa A$39.8mn ($25mn) under its Powering the Regions Fund (PRF) to expand charcoal production at its Wellesley facility in Western Australia (WA) and remove the use of coal in silicon production. The project is expected to reduce the company's scope 1 emissions by around 90pc, or approximately 100,000 t/yr of CO2 equivalent (CO2e). Simcoa is Australia's only silicon manufacturer, which is a key component of solar panels. The funding will help maintain silicon manufacturing capability in the country in addition to cutting emissions, energy minister Chris Bowen said. The company currently uses 35,000 t/yr of metallurgical low ash coal in its operations, and anticipates usage will drop to zero after it doubles its charcoal production capacity by 25,000 t/yr to 50,000 t/yr. The completion date for the expansion is not expected before 2028. The firm may continue to buy [ACCUs] as it must use coal as a reducing agent for part of its production for calendar years 2025-27, or until the expansion project can be commissioned, the company told Argus on 21 March. Simcoa surrendered 22,178 ACCUs in the July 2022-June 2023 compliance year as it reported scope 1 emissions of 122,178t of CO2e with a baseline of 100,000t CO2e at its Kemerton silicon smelter. Figures were lower for the July 2023-June 2024 compliance period, the company said, without disclosing details. Australia's Clean Energy Regulator (CER) will publish 2023-24 safeguard data by 15 April . Simcoa anticipates scope 1 emissions at the Kemerton smelter to be "considerably below" the baseline once the charcoal expansion is completed and could make it eligible to earn and sell safeguard mechanism credits (SMCs), which traded for the first time in late February . "We will take whatever opportunity is available to us," the company said on potentially holding or selling SMCs in future. By Juan Weik Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Upper Mississippi River reopens for transit


20/03/25
20/03/25

Upper Mississippi River reopens for transit

Houston, 20 March (Argus) — The first towboat arrived at St Paul, Minnesota, today, marking the start of the 2025 navigation season on the upper Mississippi River, according to the US Army Corps of Engineers (Corps). The Neil N. Diehl passed through Lock 2 at Hastings, Minnesota, with nine barges, crossing into St Paul on 19 March. Tows reaching St Paul signify the unofficial start of the navigation season, as St Paul is the last port to open on the Mississippi River after winter ice thaws each year. This is considered an average start time for the navigation season, which typically opens the third week of March. The first tow to reach St Paul in 2024 arrived on 17 March. The Corps released the final Lake Pepin ice measurements of 17in on 12 March and was unable to take new measurements this week since the ice had melted significantly. Lake Pepin measurements help determine when the ice will be thin enough for barges to transit up river. By Meghan Yoyotte Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Brazil promotes forest fund prior to Cop 30


20/03/25
20/03/25

Brazil promotes forest fund prior to Cop 30

Sao Paulo, 20 March (Argus) — Brazil has been meeting with several countries to promote its Tropical Forest Forever Facility (TFFF) initiative, a fund to preserve global tropical forests. The country plans to launch TFFF prior to the UN Cop 30 summit, which it will host in November in northern Para state. The fund would help pay around 80 developing countries — including Brazil — $4/hectare (ha) for preserved tropical forests. The goal is to raise about $125bn for the fund, to preserve roughly 1bn ha of tropical forests globally. Roughly 20pc of the fund's resources would come from long-term loans from developed countries and philanthropic entities. The remaining 80pc would come from institutional and retail investors, who will be able to buy debt issued by the fund. The latest TFFF meeting took place last week in London, with representatives from Brazil, Colombia, France, Germany, Ghana, Indonesia, Malaysia, Norway and the UK. World Bank and NGO community representatives also attended. Although it is not clear yet whether any country has officially joined the initiative, the fund has received some support. "We believe [TFFF] can be the missing piece of the puzzle with the potential to solve the long-standing problem of how we finance the world's most intact forests," said Kerry McCarthy, the UK's undersecretary of state at the Department of Energy Security and Net Zero. "Ghana wholeheartedly supports TFFF," the director of climate change in its forestry commission Roselyn Adjei said, adding that it offers a "unique approach" to halt and reverse forest loss by 2030. "It will help us build a forest-positive economy to achieve a 1.5º C world," she added, alluding to the Paris accords agreement to limit global warming by 1.5º C above pre-industrial levels. By Lucas Parolin Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

EU delays retaliatory tariffs on US goods to mid-April


20/03/25
20/03/25

EU delays retaliatory tariffs on US goods to mid-April

Brussels, 20 March (Argus) — The EU has decided to delay its countermeasures to US tariffs on steel and aluminium imports until mid-April, allowing extra time for negotiations with Washington and consultation on which goods to include in its retaliatory levies, EU trade commissioner Maros Sefcovic said today. The EU had planned to impose its tariffs in two phases, the first on 1 April and the second on 13 April, but it has now decided that both sets of measures will be brought in together on 13 April. The first round of EU tariffs is a reinstatement of levies that the bloc imposed during President Donald Trump's first term in office in 2018 and 2020 on goods "ranging ranging from boats to bourbon to motorbikes". The second round is a new package of additional measures to reflect the fact that Trump's tariffs this time around are broader in scope and affect a higher value of trade. The European Commission needs to review with stakeholders the list of US products to be included, Sefcovic said. "We are now considering to align the timing of the two sets of EU countermeasures so we can consult with member states on both lists simultaneously," he said. Sefcovic noted that a US trade investigation into copper and wood, including derivatives, could lead to additional tariffs against EU products and that the US is considering measures on shipbuilding that could have negative effects on EU maritime firms. By Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Australia's Arafura secures new NdPr oxide offtake deal


20/03/25
20/03/25

Australia's Arafura secures new NdPr oxide offtake deal

Sydney, 20 March (Argus) — Australian producer Arafura Rare Earth will supply between 100-300 t/yr of neodymium-praseodymium (NdPr) oxide to Dutch trader Traxys Europe, bringing the company closer to its offtake target of 3,552 t/yr. Arafura has agreed to supply at least 100 t/yr of NdPr oxide to Traxys for five years, but can choose to sell up to 300 t/yr of the material. The deal is priced in terms of NdPr ex-works China prices, the company said on 20 March. Arafura indicated that it planned to link offtake deals to equity agreements , it said in an investor call in January. But the offtake deal with Traxys does not appear to include an equity component. Arafura is currently developing the 4,400 t/yr Nolans project, a combined mine and NdPr refinery in Western Australia (WA). The company is aiming to secure offtake deals accounting for 80pc of the project's capacity. German manufacturer Siemens has already agreed to buy 520 t/yr of NdPr from Arafura, with South Korean firms Hyundai and Kia taking an additional 1,500 t/yr of the material. Arafura has committed to sell 2,320 t/yr of oxide from the Nolans project since 2023. Arafura is continuing to negotiate offtake agreements with Asian, European, and US consumers. Firms have expressed interest in buying up to 4,740 t/yr of NdPr oxide from the company, beyond the 2,320 t/yr already committed to customers and above Nolans' production capacity. The rare earth developer has received extensive government support on its Nolans project. Australia's federal Labor government agreed to invest A$200mn ($126mn) into the project in mid-January. It previously committed A$840mn to the project in March 2024. But Arafura is not alone. Australian officials have backed other rare earths projects over recent years, including Iluka Resources' Eneabba refinery in WA. Argus ' praseodymium-neodymium oxide min 99pc fob China price has been rising over the last three months. The price reached $61,850/t on 19 March, when it was last assessed, up from $54,500/t three months earlier. By Avinash Govind Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

Generic Hero Banner

Business intelligence reports

Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.

Learn more