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Irish Examiner
5 days ago
- Automotive
- Irish Examiner
EV and hybrid sales help bolster European car market
Europe's car market picked up slightly in May, as robust demand for electric and hybrid vehicles helped offset the drag from a patchy economy hit by global trade tensions. New-car registrations rose 1.9% last month from a year earlier to 1.11m, according to European Automobile Manufacturers' Association data on Wednesday. Gains in major markets such as Germany, the UK, and Spain lifted the overall numbers, even as France weighed on the total. In Ireland, the Society of the Irish Motor Industry (SIMI) said earlier this month that new car registrations fell 8.8% last month compared to May 2024, though EV sales continue an upward trend. There were 5,832 cars registered in May 2025, compared to 6,398 last year. Registrations year to date are up 2.4% (79,301) on the same period last year (77,461). The overall European improvement comes at a delicate time for the industry. Europe's carmakers are juggling weak demand at home, increased competition from Chinese manufacturers led by BYD and political pressure to continue the shift to cleaner vehicles. Hybrids were a bright spot in May. Sales of plug-in hybrid models surged 46% to more than 100,000 units, as buyers continued to favour options that combine battery power with the familiarity of a fuel tank. Sales of other hybrids also gained ground, suggesting many consumers are still hesitant to go electric while EV prices remain high and charging networks uneven. Sales of battery-electric cars jumped 27%, increasing their total share of the market to 17%, as more models arrived and government incentives remained in place in some countries. Still, the pace of adoption remains uneven across the region. Tesla continued to lose market share. The company's deliveries in Europe fell 28% last month, with growing competition and chief executive Elon Musk's political persona seemingly hitting demand. Volkswagen AG posted a modest sales bump in May, helped by refreshed versions of its ID.4 sport utility vehicle and ID.7 sedan. Its Skoda brand received a boost from the new Elroq, a compact electric crossover that recently went on sale. Chinese manufacturers continued to show strong growth in Europe last month, according to separate data released on Tuesday by Jato Dynamics. They sold 65,808 vehicles across 28 European markets, more than doubling their share to 5.9% from 2.9% a year ago, the research firm said. BYD registered nearly as many cars as Tesla last month, Jato said, after outselling the US company for the first time in April. Some of that growth appeared to come at the expense of Stellantis, whose sales dropped 3% in May as the maker of Jeep and Peugeot vehicles continues to struggle. The result underscores the challenge new CEO Antonio Filosa faces in turning around the company's flagging regional performance, where sales have slumped on the back of an aging combustion-engine lineup and EV pricing missteps. Renault also faces a leadership vacuum, with chief executive Luca de Meo set to step down next month. The group's new registrations rose 4.6% in May, as strong demand for Dacia models offset a drop in Renault brand sales. Bloomberg
Yahoo
13-06-2025
- Automotive
- Yahoo
Tesla hit with shocking sales news in major market: 'Nowhere near the level we are used to'
In Norway, where 97% of new car sales are electric vehicles, Tesla has lost its title as the bestselling EV brand. As The Driven reported, Volkswagen now sells over twice as many EVs in Norway as Tesla. Tesla sales have declined not only in the United States but also in Europe. Analysts attribute this trend, at least partly, to Tesla CEO Elon Musk's polarizing involvement in politics and with the Trump administration's Department of Government Efficiency, potentially making the ownership of a Tesla feel like a political statement to some drivers. Meanwhile, Volkswagen took over 20% of the market share of new car sales in April, compared with just 8.6% for Tesla. Three of the five bestselling cars in Norway are Volkswagens: the ID.4, ID.7, and ID.3. Although Tesla sales in Norway are down, the Tesla Model Y still topped the chart as the bestselling car model in April. According to Øyvind Solberg Thorsen, the director of Norway's Road Traffic Information Council, "Tesla is nowhere near the level we are used to, you can't pretend otherwise," per The Drive. "It may be a sign that many people now find that other brands are just as interesting and have just as much to offer in roughly the same price segment," he added. While this news from Norway may be discouraging for Tesla, it's positive news for EVs in general. The overall number of electric cars on Norwegian roads is increasing, and tax law changes have made EVs even more enticing and accessible for drivers over the years, according to El País. However, regardless of where you live, when you make your next car an EV, you can also save money on gas and maintenance while eliminating exhaust pollution. EVs are a cleaner, greener way to drive, and they are more affordable than ever before. If you were going to purchase an EV, which of these factors would be most important to you? Cost Battery range Power and speed The way it looks Click your choice to see results and speak your mind. You can make EV ownership even more cost-effective by charging your vehicle with solar power you generate at home. Powering your EV with solar energy is cheaper than paying for public charging stations and more self-sufficient than relying on the overstrained grid. EV drivers can save as much as around $10,000 on solar panel installations by comparing trusted installer quotes through a free online tool from EnergySage, which primarily operates in the U.S. If the upfront cost of solar installation is out of your budget, leasing panels may be an option. Palmetto's LightReach solar panel leasing program helps EV drivers get a solar setup for no money down while locking in low energy rates. Regarding Norway's EV momentum, one adviser and investor in Norway commented in a LinkedIn post, "As Norway continues to lead by example, the collaboration between policymakers, industry stakeholders, and #CPOs like Recharge remains crucial in paving the way for a greener future. Other countries have a lot to learn here!" "I'm looking forward to seeing how the new and fairly affordable smaller BEV models get on in Norway," a CleanTechnica writer commented. "I'm also interested to see whether tax policy regarding the residual powertrains will turn to tackling diesel and HEV sales." Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Time of India
05-06-2025
- Automotive
- Time of India
Tesla sales continue to fall in Europe's largest car market, here's the Chinese EV company hurting Tesla
Tesla sales in Germany , Europe's largest car market, plummeted by 36.2% in May, marking the fifth consecutive month of decline, according to data released by the German Federal Motor Transport Authority (KBA). The agency reported that Tesla registered just 1,210 new vehicles last month, down from the same period a year ago. Despite Tesla's struggles, the overall market for battery electric vehicles (EVs) in Germany surged by 44.9%, driven by strong demand for competitors, notably Chinese automaker BYD. The decline in Tesla's sales extends beyond Germany, with significant drops across other European markets. In France, Tesla's registrations fell by a staggering 67%, while Spain saw a 29% decrease. In Sweden, Tesla's sales dropped 53%, with Volkswagen's new electric model, the ID.7, outselling Tesla's revamped Model Y by nearly two to one. Norway was a notable exception, where Tesla sold 2,600 vehicles—more than triple the previous year's figures—boosted by strong deliveries of the updated Model Y. Chinese EVs are hurting Tesla Meanwhile, Chinese EV giant BYD has been gaining ground in Europe. In Germany, BYD's sales soared ninefold to 1,857 units in May, making it the top-performing Chinese EV brand in the market. This growth comes despite the European Union imposing 17% tariffs on Chinese EVs in 2024. Across Europe, the appetite for electric vehicles remains robust, with Spain reporting a 72% increase in overall EV sales, even as Tesla's figures slid by 19%. Analysts attribute Tesla's declining sales to a combination of factors, including growing competition from Chinese manufacturers and controversy surrounding CEO Elon Musk 's political activities, which have sparked protests among some European consumers. As the EV market continues to expand, Tesla faces mounting pressure to regain its footing in key markets.
Time of India
04-06-2025
- Automotive
- Time of India
Tesla sales continue to fall in Europe's largest car market, here's the Chinese EV company hurting Tesla
Tesla sales in Germany , Europe's largest car market, plummeted by 36.2% in May, marking the fifth consecutive month of decline, according to data released by the German Federal Motor Transport Authority (KBA). The agency reported that Tesla registered just 1,210 new vehicles last month, down from the same period a year ago. Despite Tesla's struggles, the overall market for battery electric vehicles (EVs) in Germany surged by 44.9%, driven by strong demand for competitors, notably Chinese automaker BYD. The decline in Tesla's sales extends beyond Germany, with significant drops across other European markets. In France, Tesla's registrations fell by a staggering 67%, while Spain saw a 29% decrease. In Sweden, Tesla's sales dropped 53%, with Volkswagen's new electric model, the ID.7, outselling Tesla's revamped Model Y by nearly two to one. Norway was a notable exception, where Tesla sold 2,600 vehicles—more than triple the previous year's figures—boosted by strong deliveries of the updated Model Y. Chinese EVs are hurting Tesla Meanwhile, Chinese EV giant BYD has been gaining ground in Europe. In Germany, BYD's sales soared ninefold to 1,857 units in May, making it the top-performing Chinese EV brand in the market. This growth comes despite the European Union imposing 17% tariffs on Chinese EVs in 2024. Across Europe, the appetite for electric vehicles remains robust, with Spain reporting a 72% increase in overall EV sales, even as Tesla's figures slid by 19%. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Unfriendliest Countries in the World, Ranked TheDaddest Undo Analysts attribute Tesla's declining sales to a combination of factors, including growing competition from Chinese manufacturers and controversy surrounding CEO Elon Musk 's political activities, which have sparked protests among some European consumers. As the EV market continues to expand, Tesla faces mounting pressure to regain its footing in key markets. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
New York Times
04-06-2025
- Automotive
- New York Times
Germans Are Buying More Electric Cars, but Not Teslas
Tesla sales in Germany dropped in May for the fifth month in a row, as demand for the electric vehicle maker continued to slide across much of Europe, despite Elon Musk's efforts to turn his focus away from his U.S. government activities and back to his companies. Registrations of new Tesla cars in Germany, Europe's largest car market, dropped more than a third compared with the same month last year, data released from the country's Federal Motor Transport Authority, K.B.A., showed on Tuesday. Tesla sales in other European countries have also remained depressed, falling more than 67 percent in France and 29 percent in Spain in May. Only Norway stood out as an exception, with Tesla selling 2,600 cars in May, more than triple the number sold in the same month last year. Sales were led by deliveries of Tesla's newly revamped version of its most popular vehicle, the Model Y. In neighboring Sweden, Volkswagen sold nearly twice as many of its latest electric model, the ID.7, as the new Model Y from Tesla, whose overall sales in the country dropped 53 percent. Mr. Musk has tried to downplay the extent of Tesla's losses in Europe, telling Bloomberg News in an interview at the Qatar Economic Forum that although it was the region where the brand faces its greatest challenges, 'The European car market is quite weak.' But data from European markets does not support that claim. In Germany, sales of battery-powered cars grew nearly 45 percent in May, compared with the year prior. In Spain, overall sales of electric cars grew 72 percent, while Tesla sales slid 19 percent. In Germany, demand for BYD, Tesla's main E.V. rival, rose ninefold, the strongest showing of an electric vehicle producer from China. The company, which overtook Tesla as the world's top seller of electric cars earlier this year, has been making inroads in Europe, despite facing tariffs of 17 percent imposed by the European Union in 2024. Although Mr. Musk has left his role at the White House, Tesla sales have been affected by his foray into politics. In April, the company reported that its vehicle sales fell 13 percent in the first quarter from a year earlier, as profit plunged to its lowest level in four years. The company has been hurt by protests against Mr. Musk's support for President Trump and several far-right parties in France, Germany and Italy.
