Tesla registrations crash 17% in Europe as BEV market surges 14%
3 hours ago
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- #Europe
- Tesla's vehicle registrations in the EU, EFTA, and UK dropped 17% in January 2026 compared to January 2025.
- The broader battery-electric vehicle (BEV) market grew by 13.9%, with Tesla's decline dragging down the overall growth rate.
- BYD's registrations surged 165% year-over-year, more than doubling Tesla's volume in the region.
- Tesla's European sales collapse can't be blamed on the Model Y refresh anymore, as the new model has been available for months.
- Norway saw a 76.3% plunge in new car registrations due to the end of tax exemptions, disproportionately affecting Tesla.
- The European car market is rapidly shifting toward electrification, with petrol and diesel car registrations declining significantly.
- Plug-in hybrids and hybrid-electric vehicles are gaining popularity, with Stellantis and other manufacturers showing growth.
- Tesla risks becoming irrelevant in Europe's EV market as competitors like BYD, Volkswagen, and Stellantis fill the void.