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Tesla's European sales surged last month, showing that Elon Musk's electric car manufacturer continues to expand its market influence in Europe; Chinese rivals are also growing strongly in this region. According to data from the European Automobile Manufacturers Association, the number of new Tesla model registrations, which is a sales indicator, jumped 72.5% year-on-year in September to 68,776 units. The statistics cover the European Union, the United Kingdom, Iceland, Liechtenstein, Norway and Switzerland. Last month's growth rate was significantly faster than the 4% increase in August; August is usually a low season for car registrations because many European dealers close due to summer holidays. Thanks to a lineup of relatively inexpensive electric and hybrid models, Chinese automakers have risen rapidly in Europe in recent years. According to ACEA, BYD's registrations surged nearly 99% last month to 49,953 vehicles. SAIC Motor's registrations increased by nearly 24 percent to 41,987 vehicles; Zero Sports car registrations increased to 14,594, more than quadrupling the original number. In contrast, sales of Volkswagen in Germany fell 2.9% to 308,474 units; Renault sales fell 0.7% to 114,726 units.
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Tesla's European sales surged last month, showing that Elon Musk's electric car manufacturer continues to expand its market influence in Europe; Chinese rivals are also growing strongly in this region. According to data from the European Automobile Manufacturers Association, the number of new Tesla model registrations, which is a sales indicator, jumped 72.5% year-on-year in September to 68,776 units. The statistics cover the European Union, the United Kingdom, Iceland, Liechtenstein, Norway and Switzerland. Last month's growth rate was significantly faster than the 4% increase in August; August is usually a low season for car registrations because many European dealers close due to summer holidays. Thanks to a lineup of relatively inexpensive electric and hybrid models, Chinese automakers have risen rapidly in Europe in recent years. According to ACEA, BYD's registrations surged nearly 99% last month to 49,953 vehicles. SAIC Motor Group's registrations increased by nearly 24% to 41,987 vehicles; the number of Zero Sports cars registered increased to 14,594, more than quadrupling the original number. In contrast, sales of Volkswagen in Germany fell 2.9% to 308,474 units; Renault sales fell 0.7% to 114,726 units.
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