DailyKanban

November is regarded the month of death in Germany, and it sure killed high hopes in ever rising BEV sales.  Registrations of battery-electric vehicles, as reported by Germany’s regulator KBA,  cratered a steep 22.5% YoY in the month. Registrations of all passenger vehicles dropped only 5.7%.  BEV registrations had crashed in September after subsidies of electric business vehicles expired, but they recovered in October. The steep drop in November BEV registrations may have other reasons: Registrations of gasoline-powered passenger vehicles rose 12.5% in the month. Is the bloom off the BEV rose?

We’ve all heard lately that Volkswagen Group has trouble selling its BEVs, and that Tesla is trouncing everybody. The numbers tell a different story, at least at home in Germany.  In the BEV-death month of November, Tesla registrations in Germany dropped a whopping 54.5%, as Volkswagen Group, down only 11.6%, outperformed the market.

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