Forecast: Number Of Electric Passenger Cars (Battery Only) in Denmark

The number of electric passenger cars (battery only) in Denmark has shown varying growth trends from 2013 to 2023, increasing from 1.54 thousand to 12.9 thousand in 2023. The forecast for 2024 projects this figure to reach 13.56 thousand. Noteworthy year-on-year growth occurred in 2014 (90.04%) and 2015 (170.23%), with growth stabilizing in subsequent years. The five-year CAGR leading up to 2023 stands at 5.14%, indicating a sustained, although moderate, growth rate. Over the next five years, a CAGR of 3% is anticipated, leading to a projected value of 15.72 thousand by 2028.

Future trends to watch include technological advancements in battery storage, government incentives for electric vehicle adoption, and infrastructure developments such as charging stations that can further drive the adoption of electric passenger cars in Denmark.