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European automotive market news and market signals

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German EV Market Share Hits 33.7% in Q1 2026, Skoda Elroq Leads
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German EV Market Share Hits 33.7% in Q1 2026, Skoda Elroq Leads

Electric vehicle penetration in Germany reached a significant milestone in the first quarter of 2026, capturing 33.7% of the market share. This represents a notable increase from 26.6% in the same period last year, signaling sustained growth in the adoption of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs).

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