I’ll repeat once more in the hopes that you will read this. A harder look at the data suggests that those VW EV sales occurred because of a lack of Model Ys. Once the Berlin Gigafactory started ramping up production, the demand for VW BEVs has significantly softened. The more Model Ys Tesla makes available, the fewer VW BEVs are bought. That is what the 2023 data is showing:
The German car giant is facing stiff competition at home and abroad. Volkswagen entered into a price war with U.S. rival Tesla, which has cut prices and is now significantly outselling VW.
VW produced 97,000 battrey-electric vehicles between January and May of this year but only sold 73,000 of them, compared to 100,000 Tesla Model Y sales in the same period, according to data service provider Marklines, Handelsblatt wrote.
Again with gusto, the reduced demand for VW BEVs occurred because a whole lot of Model Ys showed up. Tesla is driving the BEV market.
Once again, a slowing of EV sales only appears if you include plug-in hybrids. If you look only at BEVs (all-electric cars), the s-curve is alive and well. That’s the real bottom line.
In August 2023 , EU battery-electric car registrations surged by 118.1%, reaching 165,165 units, accounting for 21% of the market…Overall, battery-electric car sales increased by a significant 62.7%, with nearly 1 million units registered from January to August. New car registrations: +21% in August; battery electric exceeds 20% share for the first time - ACEA - European Automobile Manufacturers' Association