Brief by Shorts91 NewsDesk / 10:22am on 27 Jun 2025,Friday Business
Tesla’s new car registrations in Europe plunged 27.9 % year‑on‑year in May—the fifth straight monthly decline. This occurs despite overall EV market growth of 27.2 % across the region. Tesla’s share of new‑car sales dropped from 1.8 % to just 1.2 %, even after launching a refreshed Model Y, which has yet to reverse the trend. European drivers are instead flocking to plug‑in hybrids and alternative‑fuel vehicles. Chinese EV manufacturers continue to surge, doubling market share to 5.9 % and selling 65,808 cars in May. BYD virtually matched Tesla’s European registrations last month, overtaking it in April. (PC: Euro News)
