Decline in electric car sales Germany continues solidly

Fewer EVs

Sales of electric cars in Germany also fell sharply in July, according to the latest figures from the German National Road Traffic Office.
A total of 238,263 passenger cars were newly registered in Germany in July 2024, down 2.1 percent from the same month last year.
In particular, the number of new electric cars fell sharply: only 30,762 new electric cars were registered, representing a drop of a whopping 36.8 percent compared to July 2023.
This decline comes despite an overall increase in some other segments.
For example, new registrations of passenger cars with hybrid drivetrains rose 18.4 percent to 79,870 units, of which 14,811 were plug-in hybrids.
Gasoline and diesel cars also saw a slight increase in new registrations, up 0.1 percent and 1.4 percent, respectively.

Sales results by brand

Among German brands, BMW recorded the strongest increase with a 12.0 percent increase in new registrations, good for an 8.9 percent market share.
Mercedes saw growth of 7.7 percent and achieved a market share of 9.7 percent.
Other German brands such as Smart (-66.2%), Mini (-42.4%), Porsche (-30.2%), Ford (-17.8%) and MAN (-16.8%) experienced significant declines.
Volkswagen maintained the largest share of new registrations at 17.4%, despite a 4.3% decline.

Among import brands, Volvo performed best with an impressive 66.4% increase, good for a 2.3% share.
Citroën (+50.2%), Skoda (+37.4%), Peugeot (+29.2%), Toyota (+14.4%) and Dacia (+8.2%) also showed positive development.
On the other hand, Renault (-45.8%), Tesla (-36.7%), Hyundai (-16.0%), Fiat (-15.4%), Kia (-12.5%), Mazda (-7.3%) and Seat (-5.6%) experienced declines.
Skoda – owned by the Volkswagen AG – had the largest share among import brands at 7.9%.

Segment Performance and Emissions.

SUVs remain the most popular segment with our eastern neighbors with a share of 30.8 percent, despite a slight decline of 0.4 percent.
The compact class saw an increase of 2.4 percent to a 17.3 percent share.
The average CO2 emissions of newly registered cars rose 7.2 percent to 121.0 g/km.