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Electrified Vehicles Lift Europe’s October Car Sales as BYD Gains and Tesla Falls

ACEA reports electrified vehicles captured nearly two-thirds of October registrations, signaling a fast shift in buyer demand.

Overview

  • October registrations across the EU, UK and EFTA rose 4.9% to 1.092 million, with Germany, Spain and France higher and Italy slightly lower.
  • Battery-electric, plug-in hybrid and hybrid registrations rose 38.6%, 43.2% and 9.4%, taking their combined share to about 63.9% of new cars.
  • BYD sold 17,470 EVs and plug-in hybrids in October, up 206.8% year on year, lifting its market share to 1.6% from 0.5%.
  • Tesla’s registrations fell 48.5% from a year earlier, while petrol and diesel models declined about 18.3% across most markets.
  • ACEA cautioned overall volumes remain below pre-pandemic levels and noted BEVs held 16.4% of the market year to date; BYD says its first European passenger-car production is planned for Q2 2026 with plants under construction in Hungary and Turkey.