Tesla’s sales are also suffering on the German market, the most important in Europe.
Slowdown in electric sales in Europe: 10.8% drop in May, with the share of total registrations falling from 15.2% in 2023 to 13.9%.
Electric braking: collapse in Germany, Italy still down
In particular there were two large markets such as Germany and Italy to slow down overall sales of battery-powered cars. On the German market there was a real collapse, -30.6%largely linked to cancellation of incentivesthe. And also due to the sharp drop in sales of Tesla. While with us there was a setback by 18.3%here for a blocked market waiting for the incentives, which were then triggered 3 June And burned in an amen. Now it’s a question of understanding what the Italian government will do, while in Germany the manufacturers have returned to attacking the government. Second Reinhard Zirpel, president of the German Car Manufacturers Association, “the May drop in registrations of all-electric vehicles is massive. And they are needed now political plans and countermeasures to restore consumer confidence in electric mobility”.
The EV flop slows down the entire market: “Interventions are needed”
Zirpel’s considerations, he explains Gian Primo Quaglianopresident of Promoter Study Center, also apply to Italy. In the ranking of the diffusion of electric cars we are not in last place in Western Europe, but we are close. The share of battery-powered cars was equal at 3.6%, against the 4.1% of the same month of 2023 and against the 13.9% of the whole of Western Europe. The fall in electric cars also weighed on overall car sales in Western Europe (EU+EFTA+UK). Registrations were 1,092,901decreasing froml 2.6% on May 2023. However, the balance sheet for the first 5 months of the year remains positive: cars sold in the Old Continent were 5,569,024 with growth by 4.6% compared to 2023.
