Volkswagen Group sold the most electric vehicles of any company in the key European market in January 2021
Tesla’s share of the critical European battery-electric-vehicle market crumbled in the first month of 2021, and China has taken the top spot from Europe in the EV race, according to new research.
Tesla’s TSLA, 5.37% trajectory in Europe is in decline. The U.S. car maker delivered 1,619 battery-electric vehicles to 18 key European markets in January, representing 3.5% of all battery-electric vehicles registered that month, according to a report based on public data by automotive analyst Matthias Schmidt. In 2020, Tesla delivered 1,977 vehicles in January — more than a 5% market share.
Those 18 markets include the European Union states — minus 13 countries in Central and Eastern Europe — as well as the U.K., Norway, Iceland, and Switzerland.