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European Car Market Grows Slightly as EV Sales Soar and BYD Tops Tesla

Battery-electric vehicles reached a 17 percent market share in April on the back of a 28 percent annual sales jump

BMW X1 sDrive18i

Overview

  • New vehicle registrations in 28 European countries totaled 1,078,521 in April, marking a 0.1 percent increase year-on-year
  • Electric vehicle sales rose 28 percent to 184,312 units, boosting battery-electric vehicles to a 17 percent market share
  • Chinese automakers posted a 121 percent sales surge in April, led by BYD’s 7,231 EV registrations versus Tesla’s 7,165
  • The Renault Clio reclaimed its position as Europe’s top-selling model and contributed to French brands occupying seven of the top ten spots
  • Volkswagen maintained its lead in the manufacturer rankings and total sales from January to April reached 4,467,681 units, up 0.15 percent