German EV Market Share At 8.5% In April, Overall Autos Down 61% YoY
Germany saw the auto market drop 61% in April. While that doesn’t look good for the industry, it was much more resilient than the large neighboring markets of France and the UK.
Germany saw the auto market drop 61% in April. While that doesn’t look good for the industry, it was much more resilient than the large neighboring markets of France and the UK.
Despite the Covid-related lockdown in the second half of the month, the German plug-in vehicle market score signaled another record performance in March, its third in a row — 19,145 plug-in vehicles (EVs) were registered. With the overall market dropping 38% year over year (YoY), last month’s plug-in share reached a record 8.9% (4.8% fully electric/BEV), pulling the yearly tally to an amazing 7.3% (3.7% BEV).
Europe’s largest auto market, Germany, hit another all-time record plug-in electric vehicle market share in March, reaching 9.2%. The Tesla Model 3 was the best selling full electric model, with an estimated 1490 sales, just ahead of the Renault Zoe. Overall auto market volume fell 38% year on year.
0.9% of all Tesla Model 3s ever delivered are for sale in Germany, while 51% of all Daimler EQCs are!
Following the start of the EU’s new CO2 rules, the German plug-in market has (finally) clicked and February signaled another record performance, its second in a row, having registered 16,508 units in February.
Germany, Europe’s single largest auto market, saw February plug-in vehicle market share hit 6.9%, consolidating January’s growth trend. Meanwhile, February’s overall auto volume fell by 10.8% year-on-year in Germany, from 268,867 to 239,943, with combustion vehicles taking all of the losses.
The German plug-in electric vehicle (PEV) market started the year on fire, jumping 128% year over year (YoY), to a record 16,131 registrations. That smashed the previous record (12,026 units) set last October, so it seems the German locomotive has (finally) been set in motion.
Europe’s largest auto market, Germany, saw January fossil fuel vehicle sales drop by over 15% year-on-year, with gasoline vehicles alone down over 17%. Meanwhile, EVs increased their market share to 6.5% from 2.5%. Europe’s big five markets are now at a combined 6.0% EV market share. What progress will full year 2020 bring overall?
The German plug-in electric passenger vehicle market ended the year on fire, with registrations more than doubling in December, to 11,328 registrations.
Something clicked in the German plug-in vehicle market after the summer holidays. After two consecutive record months, November saw 10,985 units registered, only the second five-digit performance in Germany’s history, after the record 11,926 units of October. It seems Europe’s e-locomotive has finally been set in motion, which is a promising sign for 2020.