German EV Market Down Slightly In October, But Maintains 1% Market Share
NOV 14 2016 BY MARK KANE
September brought big growth to German EV sales, but October resulted in a pullback of sorts.
A decrease in new plug-in vehicles registrations of 4% to 2,616 isn’t a big deal (October was still one of the best single month results ever), especially considering there was two fewer selling days during the month (meaning sales on an adjusted basis were actually slightly up), but our appetite for growth still doesn’t allow us to be perfectly content either.
Overall, October’s result still maintains a plug-in vehicle market share at 1.0%.
We should note that all-electric models noted a decrease in sales for the 6th time this year – which isn’t good:
- BEVs – 1,167 (down -31% year-over-year)
- PHEVs – 1,449 (up 41% year-over-year)
The best selling model in October seems to be BMW i3 with 391 registrations, and of those – 70% were of the all-electric variety (274).