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The German automotive market saw a significant shift in October 2024, with electric and hybrid vehicles accounting for a record-breaking 51.9% of new-car registrations. This marks a 1.1 percentage point increase year-on-year, according to recent data.

Hybrid vehicles, including Plug-in Hybrid Electric Vehicles (PHEVs), Hybrid Electric Vehicles (HEVs), and Mild Hybrid Electric Vehicles (MHEVs), enjoyed a strong month, with registrations increasing by 14.1% compared to September. The technology's market share of 15.3% in October was its second-highest this year, and it represented the second-highest share of registrations, joint with August.

PHEVs, in particular, saw a surge in popularity, with 19,337 registrations last month, marking an 18.2% increase. This was the biggest share for the drivetrain in 22 months, accounting for 8.3% of new-car registrations. The gap between PHEVs and Battery Electric Vehicles (BEVs) has closed compared to 12 months ago, signifying a growing interest in the versatility offered by PHEVs.

Volkswagen was the leading automaker in sales of PHEVs in Germany in 2024, with popular models like the VW Tiguan eHybrid contributing significantly to these sales.

BEV registrations, however, saw a slight decline of 4.9% last month, with 35,491 registrations. Despite this, the combined BEV and PHEV market improved by 2.1% in October, contributing to the overall growth of the electrified sector.

The 'others' category, which includes hydrogen fuel-cell electric vehicles, natural gas, liquified petroleum gas vehicles, E85/ethanol, and other fuels, saw a decrease of 9.1% last month, with 1,056 deliveries.

Overall, the German new-car market reached 231,992 registrations last month, an increase of 6% year-on-year. Hybrids captured 26% of the new-car market from January to October, making them the only powertrain to enjoy double-digit growth in the year to date.

This strong performance in October 2024 resulted in the market achieving its best October result in four years. The continued growth and popularity of electric and hybrid vehicles in Germany suggest that the shift towards sustainable mobility is gathering pace.