Sales of new plug-in (EV or PHEV) vehicles in Germany in September 2023 took a massive hit as the country’s EV subsidies continued time-gated phaseouts, based on data analyzed by InsideEVs. Specifically, business subsidies for EV purchases were eliminated entirely as of September 1, 2023 — and the result was a 35% reduction in all plug-in registrations year over year for the month of September. BEV registrations, as compared to the total figure (i.e., including PHEVs), dropped 29% in the same period. As of this time, total plug-in sales in Germany are still up 5% in 2023 compared to 2022, but that puts the market perilously close to backsliding.
Right now, private buyers in Germany are still eligible for the plug-in subsidy, but that will undergo a further reduction in January 2024 (it was already reduced at the beginning of 2023). Currently, BEVs in…