German EV Sales Plummet In September 2023 After Incentive Cuts

In September, new passenger car registrations in Germany amounted to 224,502 - basically on par with the volume a year ago. During the first nine months of 2023, 2,138,066 new cars were registered . Meanwhile, the plug-in electric car segment experienced a significant decrease in new registrations last month due to the end of EV incentives for business buyers.

Plug-in car registrations by brands last month: Mercedes-Benz: 6,451 - 2,933 BEVs and 3,518 PHEVs Opel: 4,670 - 3,726 BEVs and 944 PHEVs Tesla: 4,216 BEVs BMW: 3,891 - 1,750 BEVs and 2,141 PHEVs Audi: 3,151 - 1,845 BEVs and 1,306 PHEVs Volkswagen: 2,921 - 2,653 BEVs and 268 PHEVs Seat: 2,111 - 976 BEVs and 1,135 PHEVs After the first nine months of the year, the top three brands in terms of plug-in car sales were Volkswagen, Mercedes-Benz, and Tesla.

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