CleanTechnica•21 days ago
Tesla Sales Drop 19% in UK, while BYD Sales More Than Triple
Key Takeaway
The significant shift in UK EV market share from Tesla to BYD highlights intensifying competition and evolving consumer choices, which will accelerate fleet electrification for large power consumers and drive increased electricity demand for charging infrastructure.
AI Summary
- •UK electric vehicle (EV) market shows significant competitive shifts: Tesla sales dropped 19% in November, while BYD sales more than tripled.
- •This trend indicates intensifying competition and evolving consumer preferences among EV manufacturers, potentially leading to more diverse and competitive vehicle options for large fleet operators.
- •Continued growth and diversification of the EV market will drive increased electricity demand for charging infrastructure, impacting grid planning and the need for new generation and storage capacity.
Topics
emissionsoempolicystorage
Article Content
Tesla sales have dropped in some markets this year, dropped even more in other markets, and risen in a few. At times, the UK has been one of Tesla’s bright spots. However, the trend lately has been downward again, and the company had a very bad November. According to non-official ... [continued] The post Tesla Sales Drop 19% in UK, while BYD Sales More Than Triple appeared first on CleanTechnica .