Germany’s plug-in car sales jump 25% in October 2022, market share grows to 32.5%

Germany’s plug-in car sales jump 25% in October 2022, market share grows to 32.5%

New passenger electric car registrations in Germany slightly outpaced the general market and expanded their market share in October 2022, newly published stats revealed.

New passenger car registrations or sales in Germany jumped by nearly 17 per cent year-over-year to settle at 208,642 last month, bringing the year-to-date (YTD) figure to 2,076,527 (down 5.5 per cent). Luckily, plug-in electric car sales increased 25 per cent year-over-year to 67,845 units. The market share of the plug-in cars grew from 30.4 per cent in October 2021 to 32.5 per cent in the same month of this year. Almost one in every three new passenger cars sold last month was rechargeable.

While sales of all-electric and plug-in hybrid cars jumped 17 per cent to 35,781 units, PHEV sales soared 35 per cent to 32,064 units in the month under review. When it comes to market share, monthly BEV and PHEV sales accounted for 17.1 per cent and 15.4 per cent, respectively.

In the first ten months of this year, more than 555,000 new passenger plug-in cars were sold in the Central European country. More precisely, BEV sales were recorded at 308,254, up 15 per cent year-over-year, while PHEV sales settled at 247,711 units, down 6 per cent. BEV sales accounted for a market share of 14.8 per cent, while PHEVs accounted for 11.9 per cent. Thus, total plug-in sales during the January through October period of this year settled at 555,965 units, up 4 per cent at 26.8 per cent market share.

For reference, slightly more than 681,000 plug-in cars were sold in Germany in the twelve months of last year.

Volkswagen noted the highest number of new BEV car registrations (8,603 units). Luxury car brands Mercedes-Benz and Audi got 5,079 and 4,890 units registered, respectively. Volkswagen also emerged as the #1 in terms of BEV sales (5,429). Tesla, Mercedes-Benz and BMW followed at the #2, #3 and #4 positions by selling 3185 units, 2628 units and 2461 units, respectively.

When it comes to top-selling models, the Fiat 500 electric grabbed the top spot with 2,363 new registrations. The Volkswagen ID.3 (2,160) and Volkswagen ID.4/ID.5 counted together (2,115) completed the podium with 2,160 and 2115 units registered respectively. Tesla also enjoyed decent sales, with 1,622 units of the Tesla Model Y and 1,563 units of the Tesla Model 3 registered in the country last month.

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