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Tesla inventory volumes in Europe indicate potential upcoming price cut

Teslarati

4 The volume of Tesla inventory vehicles in Europe has spiked to its highest point this year, indicating the potential for another price cut. Now, trouble seems to continue for the American EV brand, which now sees a record number of inventoried vehicles in Europe. Most of that inventory build-up happened in Europe.”

Europe 123
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California passes 1M mark for cumulative sales of electric vehicles: BEVs, PHEVs and FCEVs

Green Car Congress

Specifically, cumulative sales through the end of 2021 were: 663,014 BEV (62.9%). For sales in 2021 only, the shares were: 183,933 BEV (73.5%). From CEC New ZEV Sales dashboard. However, the same report finds that California is still falling behind Europe where EV sales exceeded 20%. Porsche: 2,350 Taycan (1.3% ).

PHEV 406
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Volkswagen Group appoints new heads of Global R&D, Group Design, Group Product and Modular Toolkit Strategy

Green Car Congress

Michael Mauer will lead Group Design in addition to his present function at Porsche. He moved to Saab as Executive Director Design in 2000 and was also given responsibility for Advanced Design at General Motors Europe in 2003. He held various responsibilities in the export section of Sales at Volkswagen AG from 1983.

Design 150
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Porsche sells 320,221 cars in 2023, Cayenne is best-selling product | Autocar Professional

Baua Electric

Porsche has announced total sales of 320,221 cars over the past 12 months. Even in times of global economic uncertainty, our brand remains desirable and exclusive,” says Detlev von Platen, Member of the Executive Board for Sales and Marketing at Porsche AG. That’s three percent more than in 2022’s 309,884 units.

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Volkswagen Group delivered 572,100 BEVs worldwide in 2022, up 26% y-o-y, 6.9% of total

Green Car Congress

The Volkswagen Group remains the BEV market leader in its home market of Europe and reached the fourth position in this segment in the United States. Overall global deliveries were down 7% on prior year to 8.3 million vehicles in Western Europe alone, 310,000 of which are BEVs. Porsche Taycan (incl. million vehicles.

Europe 328
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2021 US EV Sales Scoreboard: RAV4 Prime and Mustang Mach-E Are The Top-Selling Non-Tesla EVs

EV Adoption

The Tesla Model Y and Model 3 of course far outsold any other EV models in the US, however since Tesla neither breaks out deliveries by market or individual model (the company reports global deliveries each for the combined Model 3/Y and S/X models) we can only estimate their sales.

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Volkswagen Group sells 9.24 million vehicles in 2023, BEV share increases to 8.3% | Autocar Professional

Baua Electric

The Volkswagen Group increased its global sales in CY2023 by 12% to 9.24 All regions contributed to this growth, with Europe (+19.7%) and North America (+17.9%) being the main drivers. The Volkswagen Group expanded its market share in Europe as well as North and South America and thus also increased slightly worldwide.