In May, new passenger car registrations in Germany decreased by 4.3% year-over-year to 236,425; EVs contributed significantly.
The total number of new plug-in electric car registrations last month amounted to 43,746, down 23% year over year. The market share decreased to 18.5%, compared to 22.9% a year ago. However, let's note the lack of EV incentives in 2024, too.
Battery-electric car registrations decreased by 30.6% year-over-year to 29,708, taking the EV market share down to 12.6%, compared to 17.3% a year ago. Plug-in hybrid car registrations noted a marginal increase of nearly 2% year-over-year to 14,038.
The results are pretty disappointing, but it seems it will be difficult to achieve growth this year.
Plug-in car registrations last month (YOY change):
Plug-in electric car registrations in Germany – May 2024
So far this year, new passenger plug-in electric car registrations amounted to 214,871, down 7% year over year. Plug-ins account for 18.3% of the total sales volume.
Plug-in car registrations year-to-date (YOY change):
For reference, in 2023, 699,943 new passenger plug-in electric cars were registered in Germany, close to 25% of the total volume.
Top brands
Last month, Mercedes-Benz, Volkswagen and BMW had the highest number of newly registered plug-in cars, all of which sold over 5,000 units. Volkswagen was number one in the all-electric category with 5,174 units.
Tesla is losing its steam recently, getting less than 1,900 new registrations in May.
Plug-in car registrations by brands (at least 1,000) last month:
After the first five months of the year, Mercedes-Benz has strengthened as the brand with the highest number of rechargeable car registrations. Meanwhile, Volkswagen has returned to the top in the all-electric car segment with a noticeable advantage over Tesla (19,815 vs. 16,601). The German brand was #1 in 2023.
Plug-in car registrations by brands year-to-date (at least 5,000):
Top BEV models
The Tesla Model Y remains Germany's best-selling all-electric car model this year, with 13,316 registrations year-to-date, including 1,169 in May. However, multiple models noted better results in May, including 2,383 Volkswagen ID.3s. The Volkswagen ID.4/ID.5 duo has 9,291 registrations, including 1,831 in May.
Top all-electric models year-to-date in 2024 (YOY change):
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