Tesla sales in EU fall 45% in Q1 despite EV market growth

Facebook
X
WhatsApp
Telegram
Email
ALHAMBRA, CALIFORNIA - JANUARY 02: The Tesla logo displayed at a Tesla dealership on January 2, 2025 in Alhambra, California. The electric vehicle (EV) company reported its first annual sales dip in 2024, down one percent from 2023. Mario Tama/Getty Images/AFP (Photo by MARIO TAMA / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

LET’S READ SUARA SARAWAK/ NEW SARAWAK TRIBUNE E-PAPER FOR FREE AS ​​EARLY AS 2 AM EVERY DAY. CLICK LINK

BRUSSELS: Tesla’s sales in the EU market continued to decline in the first quarter of 2025, with registrations falling by 45 per cent year-on-year, according to data from the European Automobile Manufacturers’ Association (ACEA) published on Thursday.

This marks a continued negative trend for the US carmaker owned by billionaire Elon Musk, though the decline has slowed slightly compared to earlier in the year.

Between January and February, registrations had dropped by 49 per cent year-on-year.

The Volkswagen Group reported a slight increase of nearly 5 per cent, while BMW saw a modest rise of 0.4 per cent. Mercedes-Benz, however, posted a decline of 6.2 per cent.

Overall, new car registrations in the European Union decreased by 1.9 per cent in the first quarter, though electric vehicles (EVs) saw a 23.9 per cent growth, reaching a market share of 15.2 per cent. – BERNAMA-dpa

Related News

Most Viewed Last 2 Days

Teachersday
Teacher’s Day: Educators by Heart, Generations Apart
dzxvzdsf
What My Students Taught Me
SZcsd
Honoring the unsung heroes of education
Screenshot 2025-05-16 074452
UAE plans $1.4 trillion investment in US over next decade, president says
aizo-logo_minetech
AIZO sets sixth trancheprice at RM0.0813