Plug-In Car Sales In Germany Down 22% In March 2024

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Plug-In Car Sales In Germany Down 22% In March 2024
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In March, the total new plug-in electric car registrations in Germany amounted to 47,400, down 22% year-over-year. The market share decreased to 18.0%.

In March, new passenger car registrations in Germany decreased by 6.2% year-over-year to 217,388. During the first three months of the year, the number of registrations amounted to 694,785, up 4.2% compared to a year ago. Meanwhile, plug-in electric car sales continue to struggle following the end of a tax incentive for all-electric cars in 2023. During the past seven months, only one month had a year-over-year increase in rechargeable car registrations.

In terms of all-electric cars, this time Volkswagen sold the highest number of EVs , outpacing Tesla .

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