The big news out of Germany's October vehicle registrations...

The big news out of Germany's October vehicle registrations is:

1/ EV's have 30.4% market share
2/ BEV's starting to dominate PHEV's
3/ Tesla Berlin still hasn't been given final permission to start production so could have been much higher as customers await delivery

In October, new passenger car registrations in Germany decreased for the fourth consecutive month, by 35% year-over-year to 178,683.

The plug-in segment is growing, but more slowly right now. Last month, some 54,294 new plug-in cars were registered (up 13% year-over-year). The market share has reached a new record of nearly 30.4%. It's, by the way, the third record in a row.

Another interesting thing is that the all-electric car sales are growing at a healthy rate, while the plug-in hybrids are struggling to maintain their pace from late 2020.

Results by type:

• BEVs: 30,560 – up 32% at 17.1% market share
• PHEVs: 23,734 – down 5% at 13.3% market share
• Total: 54,294 – up 13% at 30.4% market share

Plug-in electric car registrations in Germany – YTD

So far this year, more than 532,000 new passenger plug-in cars were registered in Germany. It's the largest plug-in market in Europe.

New registrations year-to-date:

• BEVs: 267255 – up 120% at 12.2% market share
• PHEVs: 264,798 – up 103% at 12.1% market share
• Total: 532,053 – up 111% at 24.2% market share