Market and production forecast
Car production in Germany: Production of e-cars almost doubled
Around 673,000 e-cars manufactured in first half of the year – Germany is Europe's e-production hub
In July, 300,300 cars rolled off the production lines in Germany. The production level was thus 20% higher than in the same month last year. A total of a good 2.5mn passenger cars were produced in the first seven months. This corresponds to an increase of 31% compared to the same period last year. Despite the positive trend in recent months, the production level is still significantly below the pre-crisis level. In the first seven months of the current year, 11% fewer vehicles were manufactured than in the first half of the pre-COVID year 2019.
A look at the detailed data that is now available for the first half of the year (January to June) shows that especially the production of electric cars is growing vastly. In the first half of the year, 672,900 e-cars were manufactured in Germany, 93% more than in the same period last year. Purely battery-electric passenger cars (BEV) are strongly leading with a total of 523,900 BEVs manufactured in the first six months, 142% more than in the same period last year. PHEV production increased by 13% to 149,000 units in the first six months compared to the first half of 2022. In the first half of the year, Germany overtook the USA in the production of e-cars and is now in second place worldwide. The following applies to Europe (EU, UK, EFTA): Germany is the e-production hub of Europe. In no other country in Europe, more e-cars were produced in the first half of the year than in Germany.
Exports increased significantly in July: 242,200 cars were delivered to customers all over the world, 26% more than in the same month last year. In the year to date, 1.9mn passenger cars have been exported, an increase of 31% compared to the same period last year.
Domestic orders continued to decrease for German manufacturers in the past month: compared to the same month last year, 5% fewer orders were registered in July of this year. In the first half of the year, domestic orders fell by 25% compared to the same period last year. Foreign orders were 6% below the previous year's level in July. In the year to date, foreign orders fell by 5 percent. Overall, i.e. domestic and foreign orders combined, 8% fewer orders were registered in the first seven months than in the same period of the previous year.