April 2024 - German EV market still in hangover

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April 2024 - German EV market still in hangover

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 in April was the Volkswagen ID.4.
BEV sales remain weak, in a hangover from the unexpected and abrupt cancellation of eco-bonus purchase incentives in mid December 2023.

https://pushevs.com/2024/05/11/april-2024-german-ev-market-still-in-hangover/