Germany’s Plugin EV Share Up To 24.3%, Economic Pressures Mounting

Germany, Europe’s largest auto market, saw plugin electric vehicles take 24.3% share in April 2022, up from 22.1% YoY. Overall auto volume was down, by over 21% YoY, and over 40% compared to pre-pandemic seasonal norms. Supply chain disruptions and cost inflation were largely responsible for the poor performance, though general economic pressures are affecting […]