A Volkswagen “Earthquake” Hits Germany While Funding Cuts For New Battery Research Loom
Volkswagen is facing a crisis as car sales in Europe shrink, leading to less revenue than expected at a time when new investments are needed.
Search Results for: germany
EVs Take 20.6% Share In Germany — Tesla Model Y Top
August saw plugin EVs take 20.6% share in Germany, down from (an outlier) 37.0% share YoY. BEVs are now around the level they were in 2022, but PHEV share has halved since then. Overall auto volume was 197,322 units, down some 28% YoY, and far below 2015–2019 seasonal norms (~273,000 … [continued]
Tesla Giga Train Begins Operations In Germany
Tesla is now providing battery electric train service for employees who work at the Giga Factory in German to make commuting easier.
BYD’s Backdoor Entry Into Germany
I just wrote about the possibility BYD will become the largest automaker in the world. Right after doing so, I was scrolling through stories and saw that BYD has just made a move into Germany that I see as a kind of quick, backdoor way into the country. Just note … [continued]
Volkswagen Considers Closing Factories In Germany
Volkswagen has said it is considering closing factories in Germany for the first time in history, a move with big political implications.
EVs At 19.1% Share In Germany — BEVs Still Overpriced
July saw plugin EVs at 19.1% share in Germany, down from 25.9% year on year. BEV share has even dipped below where it was 2 years ago, and PHEV share has also fallen since then. July’s overall auto volume was 238,263 units, down 2% YoY, and down around 23% from … [continued]
Germany Held Back EU Electric Car Market in First Half of 2024 — T&E Analysis
In the whole EU, the number of BEVs sold grew by just 1.3%, but excluding Germany, the increase was 9.4%. EU electric car sales continued to grow this year — with the exception of Germany — new data shows. Battery electric sales in the rest of the EU (excluding Germany) … [continued]
EVs Take 19.8% Share In Germany — Triple Trouble Hits EV Transition
June saw plugin EVs take 19.8% share in Germany, down YoY from 24.6%, as macroeconomic woes, stubbornly high entry EV prices, and incentive cancellation, all took their toll. Overall auto volume was 297,329 units, up by some 6% YoY, but still at least 10% below 2017–2019 seasonal norms (~330,000 units). … [continued]
5 Best Selling Electric Cars in Europe — 2 Produced in China, 3 in Germany
I had a long conversation with Jose Pontes yesterday for our YouTube channel (video coming this weekend). One thing he noted was that the China EV tariffs are the story of the day, and it’s one of three main topics we discussed (the others being EV sales and Tesla). There … [continued]
Record Electricity from Green Power in Germany
At 140 terawatt hours, more renewable electricity was generated in Germany in the first half of 2024 than ever before, accounting for 65% of net public electricity generation. Generation from fossil fuels continues to decline as do the electricity prices on the exchange. These are the findings of the half-year … [continued]
