EVs Take 19.8% Share In Germany — Triple Trouble Hits EV Transition

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EVs Take 19.8% Share In Germany — Triple Trouble Hits EV Transition
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June saw plugin EVs take 19.8% share in Germany, down YoY from 24.6%, with macroeconomic woes, stubbornly high EV prices, and incentive cut.

units, up by some 6% YoY, but still at least 10% below 2017–2019 seasonal norms . The bestselling BEV in June was again the Volkswagen ID.3.

Several new BEV models had their German debuts in June. The BYD Tang has been refreshed several times since 2021 , and now comes to the German market in the new 2024 version . The Nio ES8 also saw initial German deliveries in June, although these also seem to be showroom units for now. Confusingly, this is also known as the EL8 in some markets, and Nio’s European website has both names for the same vehicle. It is a large premium SUV , but price is as yet unlisted, likely because the EU commission’s exact levels of tariff on Chinese-made EVs are still not fully decided.

Two other BEVs also about to be subjected to the higher tariffs saw a similar pull-forward of sales in June, the Volvo EX30 and Smart #1 .

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