Germany, Europe’s single largest auto market, saw plugin electric vehicles take 21.5% share of sales in February 2023, a drop from 24.9% year on year.
Full electric share grew, but plugin hybrid share almost halved. Overall auto volume was 206,210 units, up by some 3% YoY, but still some 18% down from pre-2020 seasonal norms. The Tesla Model Y was the month’s bestselling plugin, and second overall auto .
Recall that these ups and downs represent a resettling of the market after the large pull-forward in November and December . It will be another few more months before a new normal in powertrain share is clear.With the local Tesla Gigafactory now cranking out 18,000 units per month , the Tesla Model Y saw a huge 6,442 registrations in February, its 3rd highest volume ever . Note that this isn’t even an end of quarter month, Tesla’s habitual peak.
The same lukewarm performance is true for much of the top 20, with a couple of exceptions. The new MG4, down in 14th place, saw 776 units, a new monthly record, and 1.6× its recent average. The new Hyundai Ioniq 6 sedan saw its first ever countable customer deliveries, with an impressive 581 units.
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