In this way, the market share of the electric vehicle manufacturer in the “old continent” fell from 1.8% to 1.2%, marking the fifth consecutive month with decreases.
Tesla’s sales in Europe sank in May.
Reuters
The new Tesla car sales in Europe sank 27.9% year -on -year, despite an increase in the total consumption of electric vehicles in the region. In this way, the market share of Elon Musk’s firm in the “Old Continent” fell from 1.8% to 1.2%, marking the fifth consecutive month with declines.
This happens while Customers choose more and more cheaper Chinese electric vehicles or express their dissatisfaction with Musk’s political positions.
Total car sales in Europe increased 1.9% to 1.11 million vehicles in May, after a 0.3% decrease in April, according to data from the European Association of Automobile Manufacturers (ACEA).
The penetration of Chinese electric cars in Europe grows
Chinese manufacturers continued their strong performance in the European market despite the tariffs of the European Union on electric vehicles. They sold 65,808 cars in May and doubled their market share up to 5.9%, according to Jato Dynamics. Byd almost matched Tesla’s registration figures In May, after overcoming sales to the US company in April.
The renewed Model and Tesla has not yet reversed the decreasing fortune of the company in Europe, while traditional manufacturers and Chinese competitors quickly launch new electric vehicles amid growing commercial tensions.
Among the main car manufacturers, Saic Motor, Chinese state property, saw its registration increased by 22.5% And the German BMW rose 5.6%, while the Japanese Mazda experienced a 23%drop.
In the European Union specifically, although total car sales have decreased so far this year, the demand for electric vehicles continues to grow. In May they represented 58.9% of tourism enrollments, compared to 48.9% of the same month of 2024.
Analyzing EU individual markets, the increases in Spain and Germany stood out. Outside the block, those of Great Britain also uploaded.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
