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]
VW & Tesla Down, Mercedes Up. The overall German auto market was down by 6% in November, to 245,701 units, which is still some 20% below pre-pandemic levels. Plugins have also disappointed, with the BEV market dropping 22% year over year, to 44,942 units, while PHEVs continue their long-running blues, … [continued]
November saw plugin EVs take 25.7% share in Germany, down from an (anomalous pull-forward) 39.4%, year on year, and in the midst of ongoing incentive changes. Overall auto volume was 245,698 units, down some 6% YoY, and down from pre-2020 norms (~280,000). The Skoda Enyaq was the best selling EV … [continued]
The overall German auto market was up by 5% in October, and the BEV market was back in the black after September’s subsidy-derived hangover (+4% year over year). 37,334 BEVs were registered in October, 17% of the auto market and up 4% YoY. On the other hand, PHEVs continued to … [continued]
October 2023 saw plugin EVs take 24.5% share of Germany’s auto market, down from a 32.5% share in October 2022, and amidst a hangover from September 2023 incentive changes. Full electrics nevertheless saw sales volume slightly increase YoY, whilst PHEV volume declined. Overall auto volume was 218,959 units, up some … [continued]
Stellantis places 3 models in the top 5!
September saw plugin EVs take 21% share in Germany, predictably down from 32.3% year on year, as a hangover from new incentive cuts. This is the flip-side of August’s large pull-forward, and fully expected. Overall auto volume was 224,502 units, unchanged YoY, and roughly in line with pre-2020 seasonal averages. … [continued]
Chinese models start showing up on the radar.
