Electric vehicle market share in Germany soars on strong Tesla sales

The effect of the Tesla’s new factory Giga Berlin is beginning to show in Germany as the share of EVs in the country’s auto market has soared.

From a decline of 35 percent in June due to limited supply from China, Tesla reported a massive 70 percent in registrations in September, many of which came from its Berlin plant.

This, coupled with more availability in China, boosted the number of EVs sold in the country.

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The data supplied by the Federal Motor Transport Authority (KBA) reveals that 224,816 new cars were registered in September. Out of these, 44,389 were electric, giving EVs a market share of 19.7 percent.

It was 31.9 percent better than the same month last year, according to Teslamag.

As it relates to Tesla, buyers registered 13,724 units in September, giving the Texas-based automaker a 6.1 percent share. The figure was a 73.7 percent increase over the same month in 2021.

Its overall share for 2022 now stands at 2.1 percent.

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Tesla aims to double its sales in Germany this year to nearly 90,000 units. However, it will face competition from NIO and BYD, both of which are expanding their presence in the European country.