Germany — Plugin EVs Take 22.9% Share, Tesla Leads
Full electrics gained share, but were outpaced by the losses in plugin hybrid share, due to recent policy changes. Overall auto volume wasunits, up by some 20% YoY, though down from pre-2020 norms. The bestselling full electric in May was the Tesla Model Y, boosted by domestic production.
May’s combined combustion-only share fell by 3% YoY, to 53.1% of the market. It is tracking to fall below 50% by the end of Q3, and perhaps not climb above 50% thereafter, except on the odd occasion.The Tesla Model Y was again the bestselling plugin in May, at 4,240 units. Runners up were the Volkswagen ID.4/ID.5, and — a long way further back — the Volkswagen ID.3.
In terms of newcomer BEVs further down the ranks, the biggest news was the first appearance of Stellantis’ Jeep Avenger, with a debut of 313 units. I discussed the Avenger in myThere were no other absolute newcomers in May. The “Smart #1” climbed to a new personal-best volume of 497 units , and may perhaps enter the monthly top 2o soon.
Notice the relative evenness of the positions #9 on down. The even distribution trend continues well beyond the top 20, with over 1,000 units delivered by models as far down as rank #36. Again this reflects a maturing of Germany’s BEV market, and the BEV industry overall.Germany BEV Group Rank, May 2023 Trailing Quarter
There weren’t many large changes in group rankings, except that Renault-Nissan group continued to drop, from 4th previously, to 7th now. Their share fell from 8.6% to 4.7% over the period.Although May saw Germany’s EVs take 22.9% of the market, the broader German economy, Europe’s largest, has now registered two successive quarters of negative growth. This means Germany isSince a month ago, headline inflation has come down slightly but that’s still very high for a recessionary economy.
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