German market falls 3% in January as EV sales plunge

Tesla Model Ys in Gruenheide — Tesla Model Y production is pictured in Germany. (REUTERS)

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By:

Staff report

February 07, 2023 11:03 AM

Sales of electrified cars plunged in Germany in January as government incentives to encourage buyers were scaled back. Tesla bucked the downward trend by boosting volume through price cuts.

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