VW surges to 46% share of German electric car market

MUNICH: The Volkswagen (VW) Group held a 46% market share in the German electric car market in the first half of the year, putting it far ahead of competing firms, an analysis of figures from Germany's motor transport authority (KBA) has shown.

The analysis, seen by dpa on Monday, shows that the industry giant is performing much better than it was a year ago, when it held a market share of almost 32%.

BMW came out in second place with 11%, including its subsidiaries Mini and Rolls-Royce.

Tesla, which was number two a year ago with just under 12%, saw its share plummet to 3.6%, leaving it in eighth place.

VW has long dominated the overall German car market, typically accounting for around 40% of sales, but the Wolfsburg-based company had struggled to gain a strong foothold in the electric car market.

The company's dominance was also evident in the analysis of individual brands, where VW brands occupied first, third, fourth and fifth place.

BMW was the only other company to break into the top five in second place.

The VW Group also held the top six spots for the most successful models, led by the ID.7.

BMW's X1 was in seventh place, while Tesla's Model Y - long number one - ended in ninth place.