CleanTechnica•about 2 months ago
Tesla’s Germany Sales Down 72% From Their Peak!
- •Tesla's EV sales in Germany have dropped 72% from their peak, following a 10% decline in the UK, despite the overall UK EV market growing by 24%.
- •Chinese EV manufacturer BYD has surpassed Tesla in annual sales in the UK, indicating a significant shift in market share and increased competition within the European EV sector.
- •This trend suggests potential market saturation for premium EV brands, heightened price sensitivity among consumers, or the impact of evolving EV incentives and policy changes in key European markets.
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