In July, new passenger car registrations in Germany increased by 18 percent year-over-year to 243,277. During the first seven months of 2023, 1,640,147 new cars were registered (up 13.6 percent year-over-year).
Meanwhile, the plug-in electric car segment continued to expand, despite the fact that only battery electric cars (BEV) are growing this year.
In July, the total new plug-in electric car registrations amounted to 63,027 (up 20 percent year-over-year), which is 25.9 percent of the total volume (compared to 25.5 percent a year ago).
All-electric car registrations amounted to 48,682 (up 69 percent year-over-year), which was enough to capture 20.0 percent of the market (compared to 14.0 percent a year ago). That's the highest BEV share so far this year.
On the other hand, plug-in hybrid car registrations, decreased year-over-year for the seventh consecutive month, dragging down the overall plug-in segment. Let's recall that this year, PHEVs are not supported by the generous incentives, which is the main reason behind the substantial sales drop.
New plug-in vehicle registrations:
So far this year, more than 362,000 new passenger plug-in electric cars have been registered in Germany, which is one percent more than a year ago.
In July, the highest number of new plug-in electric car registrations was noted by three German brands - Volkswagen, Mercedes-Benz, and BMW. Tesla was fourth overall, and second in terms of BEV registrations, behind Volkswagen. Mercedes-Benz remains the king of PHEVs.
Plug-in car registrations by brands (at least 2,000) last month:
Thanks to a solid July, Volkswagen become the number one brand in terms of all-electric car registrations in Germany, overtaking Tesla (41,475 vs. 40,289). It will be interesting to see whether Volkswagen will maintain its position through the end of the quarter and end of the year, as Tesla often notes the highest results at the end of a quarter.
Plug-in car registrations by brands (at least 7,000) year-to-date:
Top BEV models
Last month, the Volkswagen ID.4/ID.5 duo happened to be the most registered BEV in Germany (4,028 units), significantly ahead of the Fiat 500 electric (2,487) and Tesla Model Y (2,067).
There are not many changes in the year-to-date ranking, as the Tesla Model Y is ahead of the Volkswagen ID.4/ID.5 and Volkswagen ID.3.
Top all-electric models year-to-date: