Automotive

Volkswagen tops Tesla for new electric vehicles in Germany in 2023

16.01.2024, 14:08

Volkswagen overtook Tesla in electric vehicle sales in the German market in 2023, according to registration data from the country's Motor Transport Authority (KBA) released on Tuesday.

Around 70,600 all-electric Volkswagen vehicles were newly registered in Germany in 2023, according to the KBA, an increase of 11.7% compared with the previous year.

Registrations of new Tesla vehicles, meanwhile, dropped by 9% compared to 2022 and lagged in second place behind VW with 63,700.

However, Tesla's Model Y remained the single most popular electric vehicle in Germany with around 45,800 newly registered cars in 2023.

In total, around 524,200 cars with a purely electric drive were registered in Germany in 2023. Compared to the previous year, this is an increase of 11.4%. All-electric vehicles made up 18.4% of all 2.84 million newly registered vehicles in Germany in 2023, up from 17.7% in 2022.

Several other Volkswagen-owned brands also sold significant numbers of new all-electric vehicles in Germany in 2023, including Audi (30,600), Škoda (23,500), SEAT (17,500) and Porsche (5,700).

The Volkswagen Group as a whole held a 28% market share for newly registered electric vehicles in Germany.

Tesla is followed by the Stellantis Group - which includes the brands Citroën, Fiat, Peugeot and Opel - with almost 71,300 newly registered electric cars in 2023.

Overall, the three major German car companies - VW, Mercedes-Benz and BMW - were able to make strong gains in the electric market in Germany.

In 2023, the number of new registrations of electric cars by those three German companies rose by 32%, almost three times as much as the market as a whole, according to an analysis by the consulting firm EY.

The market share of the three groups in the electric car sector climbed from 38% in 2022 to 46% in 2023.

Although the brands owned by Chinese manufacturers were at a significantly lower level, their share of the German market has grown sharply in recent years and now sits at 9%. That is twice as high as a year earlier and eight times as high as in 2021.