In 2025, less than 10 percent of the battery-electric vehicles on the market cost less than 30,000 euros, while the selection of more affordable vehicles with internal combustion engines remained significantly broader.
According to the latest data from ACEA (the European Automobile Manufacturers’ Association), the number of new registrations of battery-electric vehicles in the Czech Republic from January through August of this year increased by 32.3 percent year-over-year, which represents relatively strong growth. The share of battery-electric vehicles in new registrations was 21.7 percent in the EU, but only about 7 percent in the Czech Republic.
By comparison, this share was 6.6 percent in Slovakia, 5.1 percent in Poland, and 9.6 percent in Hungary. We are therefore in line with the regional average.
The Obstacle of Rising Electricity Prices
Why hasn’t a revolution taken place yet, and why are we still so far from the European average? One factor may be the rising price of electricity. The spot price of electricity in the Czech Republic currently hovers around 186 euros per megawatt-hour. At the beginning of the summer, however, it was hovering around 100 euros.
Only owners of isolated renewable energy systems have long been independent of the market price of electricity. However, there are very few such systems in the Czech Republic. In the European Union, renewable sources covered 49.9 percent of gross electricity consumption in 2025 (according to Eurostat). Austria had the highest share (nearly 91%), followed by Sweden (89.2%) and Denmark (77.7%). In contrast, this share in the Czech Republic was only 19.2 percent, which was the second-lowest figure after Malta (11.2%).
The expectation that the costs of electromobility will rise due to higher electricity prices may thus be one of the factors influencing customer decisions in the Czech Republic, even during the oil crisis.
Other factors include the conservatism of domestic motorists, for whom the benefits of electric mobility have not yet outweighed the practical advantages of vehicles with internal combustion engines.
The author is the CEO of ApmeFX Trading Europe Ltd.
