The European electric vehicle market experienced a significant setback in August, marking the largest year-on-year decline in sales since January 2017, according to data from JATO Dynamics.
Category: Market
Battery Electric Vehicles Capture 23% of UK Market in August
Battery electric vehicles continued their upward trajectory in August, with registrations rising by 10.8%, capturing 22.6% of the market, the highest share since December 2022.
BMW Takes the Lead in Stalling European EV Market
BMW outsold Tesla in the BEV market for the first time in July. The German carmaker achieved a 35% year-on-year increase in electric vehicle registrations, compared to Tesla’s 16% decline.
Electric Cars Hold Steady In May Despite Sluggish Retail Sales
Battery Electric Vehicles experienced a 6.2% increase in registrations and secured a record 17.6% market share, up from 16.9% in May 2023.
Boom Time for Used Cars as Brits Embrace Electrification
The UK’s used car market has roared back to life, recording its strongest start to a year since 2019, with battery electric vehicles surging by an impressive 71% to 41,505 units.
BEVs Back To Growth Again But Private Demand Slump Requires Urgent Government Action
The UK new car market witnessed its 21st consecutive month of growth in April, with BEVs seeing a 10.7% increase, pushing their market share to 16.9%, compared to last year’s 15.4%.
Greater Manchester Takes the Lead in UK’s Electric Car Revolution
New data reveals Greater Manchester as the UK’s champion for electric vehicles, with over 1 million plug-in cars registered in the region between 2009 and 2023.
UK Car Market Grows, But Electric Vehicles Stall Despite Record Numbers
According to the Society of Motor Manufacturers and Traders, new car registrations rose 10.4% in March compared to the same month last year. But fleets drove the increase while electric vehicles struggled to keep pace with the overall market.
BYD Blazes Past NEV Milestone, Reaching 7 Million Vehicles Produced
BYD, the global leader in new energy vehicles and power batteries, has manufactured its 7 millionth NEV on March 25th, a Denza N7 SUV.
UK Car Market Sees Strongest February in 20 Years, But Calls Grow for Fairer EV Taxation
UK car registrations surged 14% year-on-year to 84,886 units, marking the 19th consecutive month of growth, with Battery Electric Vehicles continuing their upward trend.
