Germany: Plug-In Car Sales Decreased In January 2023 via insideevs.com
In January, new passenger car registrations in Germany decreased by 2.6 percent year-over-year to 179,247.
Unfortunately, plug-in electric car sales also decreased compared to January 2022. Last month, 26,989 new passenger plug-in electric cars were registered in Germany, which is 32 percent less than a year ago. This caused a decrease in market share to just over 15 percent. There are reasons behind the weaker January. First of all, plug-in hybrid car sales were affected by the elimination of incentives for PHEVs , from January 1, 2023. This is why PHEVs were down 53 percent year-over-year and slowdown in this segment is expected to continue through 2023.
In the case of battery-electric car sales, incentives were reduced . New BEV registrations decreased by 13 percent year-over-year. Hopefully, BEV sales will accelerate in the following months or we will see a very challenging year in terms of growth.PHEVs: 8,853 – down 53% at 4.9% market sharePlug-in electric car registrations in Germany – January 2023
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