Germany faces energy tax losses as EV sales rise

"People are moving away from gasoline and diesel," said Jens Boysen-Hogrefe, a tax and transportation expert at the Kiel Institute for the World Economy (IfW). "The boom in electric cars triggered by high fuel prices is accelerating the transition in drive technologies that was already planned anyway," he told DW. According to the International Energy Agency (IEA), sales of electric vehicles in Europe rose by nearly 30% in the first quarter of this year compared to the same period last year. Norway is leading the way , with electric cars accounting for as many as 95% of all newly registered passenger cars in the country.