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]
May saw plugin EVs at 18.5% share in Germany, down from 22.9% in May 2023, in a continuing hangover from the unexpected incentive abandonment in late December. BEVs were down some 31% in YoY volume, while PHEVs were up 2%. Overall auto volume was 236,413 units, down 4% YoY, and … [continued]
April saw plugin EVs take an 18.4% share in Germany, down YoY from 20.5% — still reeling after the abrupt cancellation of incentive schemes in late December. Overall auto volume was 243,087 units, up by some 20% YoY, but still 20% below 2017–2019 seasonal norms (~305,000 units). The bestselling BEV … [continued]
March saw plugin EVs take 18.0% share in Germany, down year on year, remaining stuck in a hangover from sudden incentive abandonment in late December. BEVs were down some 29% in YoY volume, while PHEVs were down 4.5%. Overall auto volume was 263,844 units, down 6% YoY, and down 25% … [continued]
February saw plugin EVs at 19.3% share of the German auto market, still in a hangover from sudden incentive changes in late December. BEVs were down some 15% in YoY volume, while PHEVs were up some 22%. Overall auto volume was 217,383 units, down some 13% from pre-2020 seasonal norms … [continued]
After the subsidies-derived sales rush of December, Germany’s plugin vehicle (PEV) market was bound to have a hangover month in January. And it did, by scoring some 37,000 registrations. While that is a 40%-plus increase over the January 2023 result, it is important to remember that a year ago, the … [continued]
January saw plugin EVs drop to a 17.3% share of the German auto market, after an out-of-the-blue cancellation of all incentives, in late December. BEVs were hardest hit, while PHEVs remained at normal levels. Overall auto volume was 213,548 units, down some 17% from pre-2020 seasonal norms (~260,000 units). January’s … [continued]
30% plugin vehicle share in December! The German plugin market experienced a somewhat chaotic year in 2023, all due to subsidy cuts. First it was the subsidies cut to PHEVs, which started on January 1st, 2023, and led to plugin hybrids crashing in 2023. The year ended with a 52% … [continued]
December saw plugin EVs take 30% share of the German auto market, down YoY from a huge pull-forward in December 2022. Full year 2023 BEV volumes were up 11.4% over 2022. December’s overall auto volume was 241,875 units, down 23% from the December 2022 pull-forward. December’s best selling full electric … [continued]
Germany’s traffic light coalition has abruptly given a red light to all remaining EV incentives, a year in advance of what had previously been promised, due to the country’s economic woes. The eco-bonus (“Umweltbonus”) incentive had been intended to continue throughout 2024, and was only to be cancelled outright from … [continued]
