Europe EV Sales BEVs Jump 50% & Reach 26% Market Share

3 hours ago

Europe saw 366,000 BEV registrations in June, up 50% YoY, a new record.
Plugin vehicles reached 37% market share, with BEVs dominating plugin sales (71%).
Year-to-date BEV share is 23%, already surpassing 2025's full-year result.
Overall auto market grew 13%; electrified vehicles (HEV+plugin) made up 72% of sales.
Petrol and diesel shares fell to 21% and 6% respectively.
Tesla Model Y and Model 3 topped the EV charts; BYD Atto 2 took third.
Chinese OEMs doubled their market share to 10%, with BYD up 147% and Leapmotor up 568%.
Volkswagen remains the top plugin brand, but Tesla climbed to third.
Volkswagen Group leads all groups, while BMW Group overtook Stellantis for second.
Renault had strong BEV performance with five models above 3,000 units in June.

China's BYD delivered a record 5,000 EVs to Australia, signaling a shift in the auto industry.
Australia serves as a key test market due to its lack of domestic car industry and low trade barriers.
Chinese EVs are gaining popularity in Australia for being affordable, comfortable, and tech-loaded, undercutting Japanese and European rivals by over 25%.

Tesla's second-quarter net income fell to $1.11 billion, missing Wall Street forecasts of 53 cents per share, despite a 26% revenue rise to $28.24 billion.
Research and development spending surged 49% to $2.37 billion, focused on robotaxis, AI software, and robotics infrastructure, with capital expenditures expected to exceed $25 billion this year.
Vehicle deliveries increased 25% to 480,216 units, driven by Model Y and Model 3 sales, while energy storage revenue rose 13% to $3.14 billion and FSD subscriptions reached nearly 1.5 million globally.

Laos banned imports of new gas and diesel passenger cars from June 1, 2026, making almost all new imports electric.
The ban is driven by economic reasons: Laos relies on hydropower exports and imports all its vehicle fuel, using scarce foreign currency.
EVs are incentivized with tax exemptions and registration fee cuts, while transport companies must have at least 10% electric fleets by 2026.

BYD has surpassed Tesla to become the world's largest battery-powered car manufacturer, driven by increased overseas shipments despite a 8.2% year-on-year drop in deliveries.
The article covers seven key electric vehicle (EV) stories from the past two weeks, focusing on developments in China's EV market.
It mentions a 'do-or-die' crisis in China's EV market and highlights China's shift towards electric heavy trucks.

Trump refuses to sign the ROAD to Housing Act until the SAVE America Act passes, despite bipartisan support.
NIST report attributes the 2021 Surfside condo collapse to design and construction errors that reduced safety margins.
Major U.S. homebuilders like D.R. Horton and Lennar see rising construction defect costs and self-insurance reserves.

China's BYD delivered a record 5,000 EVs to Australia, signaling a shift in the auto industry.
Australia serves as a key test market due to its lack of domestic car industry and low trade barriers.
Chinese EVs are gaining popularity in Australia for being affordable, comfortable, and tech-loaded, undercutting Japanese and European rivals by over 25%.

Tesla's second-quarter net income fell to $1.11 billion, missing Wall Street forecasts of 53 cents per share, despite a 26% revenue rise to $28.24 billion.
Research and development spending surged 49% to $2.37 billion, focused on robotaxis, AI software, and robotics infrastructure, with capital expenditures expected to exceed $25 billion this year.
Vehicle deliveries increased 25% to 480,216 units, driven by Model Y and Model 3 sales, while energy storage revenue rose 13% to $3.14 billion and FSD subscriptions reached nearly 1.5 million globally.

Laos banned imports of new gas and diesel passenger cars from June 1, 2026, making almost all new imports electric.
The ban is driven by economic reasons: Laos relies on hydropower exports and imports all its vehicle fuel, using scarce foreign currency.
EVs are incentivized with tax exemptions and registration fee cuts, while transport companies must have at least 10% electric fleets by 2026.

BYD has surpassed Tesla to become the world's largest battery-powered car manufacturer, driven by increased overseas shipments despite a 8.2% year-on-year drop in deliveries.
The article covers seven key electric vehicle (EV) stories from the past two weeks, focusing on developments in China's EV market.
It mentions a 'do-or-die' crisis in China's EV market and highlights China's shift towards electric heavy trucks.

Trump refuses to sign the ROAD to Housing Act until the SAVE America Act passes, despite bipartisan support.
NIST report attributes the 2021 Surfside condo collapse to design and construction errors that reduced safety margins.
Major U.S. homebuilders like D.R. Horton and Lennar see rising construction defect costs and self-insurance reserves.

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