March 2024 - EV sales down YoY in Germany

[giscus[bot]]

March 2024 - EV sales down YoY in Germany

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% from 2017-2019 seasonal norms (~350,000 units). The best selling BEV was the Tesla Model Y.
The market data saw combined EVs at 18.

https://pushevs.com/2024/04/11/march-2024-ev-sales-down-yoy-in-germany/

[MaxH72]

Useful report, thanks!

[LITUATUI]

I wonder if electricity and gas prices have something to do with it.