September brought hangover-induced headaches for the German BEV market. After wild partying in the months before, German BEV registrations dropped 28.6% YOY in September as subsidies for BEVs bought by businesses had expired. In the previous month, BEVs sales were up a whopping 171% YOY for a 31.7% share, beating all other powertrains, even gasoline (27,6%). In September, the BEV share dropped to 14.1%
Further migraine was caused at Volkswagen Group, because Stellantis Group sold a few more BEVs into the German market than the German behemoth. Stellantis’s strength was mainly powered by strong sales of battery-powered Opel cars, namely the Corsa and Mokka. Tesla registrations, down 69.3% YOY were hit hard. [ There is more … ]
