Germany: Plug-In Car Sales Decreased Slightly In May 2022
Germany: Plug-In Car sales decreased slightly in May 2022 by 10.2% year-over-year to 207,199.
All-electric car sales increased in May by 9% year-over-year, but the main issue is the slowdown on the plug-in hybrid side.
Plug-in hybrid electric vehicle (PHEV) is a hybrid electric vehicle with battery pack and internal combustion-engine.
New passenger car registrations in Germany decreased in May by 10.2% year-over-year to 207,199, which is not a surprise considering the current market situation. On the positive side, the rate of decline slowed down compared to March and April.
Last month, some 52,391 new passenger plug-in electric cars were registered in Germany, which unfortunately is also down 3% year-over-year (compared to a 14% decrease in April). A good thing is that the market share of rechargeable cars improved to 25.3%. That’s one in four new cars.
All-electric car sales actually increased in May by 9% year-over-year, which means that the main issue is the slowdown on the plug-in hybrid side.
A plug-in hybrid electric vehicle (PHEV) is a hybrid electric vehicle with battery pack and internal combustion-engine.
Results by type:
BEVs: 29,182 – up 9% at 14.1% market share
PHEVs: 23,209 – down 15% at 11.2% market share
Total: 52,391 – down 3% at 25.3% market share
We are cautiously optimistic about the near future because it seems that production of new electric cars in Germany has not only returned to pre-war levels (at least in the case of Volkswagen) but also new plants are ramping-up production (Tesla Giga Berlin, Volkswagen ID.4 in Emden, Volkswagen ID. Buzz in Hanover to name just a few). Tesla is also sending more EVs from China to Europe again.
Plug-in electric car registrations in Germany – May 2022
So far this year, more than 247,000 new passenger plug-in cars were registered in Germany:
BEVs: 135,029 – up 17% at 13.3% market share
PHEVs: 112,677 – down 15% at 11.1% market share
Total: 247,706 – up 0.1% at 24.4% market share
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