Overview
- The European electric vehicle market grew by 28.4% in the first two months of 2025 compared to the same period in 2024, according to ACEA data.
- Tesla's sales in the EU dropped by 49% year-on-year, reducing its market share to just 1.1%, as competitors introduced newer, more appealing EV models.
- Hybrid vehicles now dominate the European market, accounting for 35.2% of sales, surpassing both gasoline and diesel vehicles.
- Analysts attribute Tesla's decline to an aging product lineup, reliability concerns, and public backlash against Elon Musk's political affiliations and controversial behavior.
- Despite the growth in EV sales, industry leaders warn that progress remains insufficient to meet zero-emission mobility targets, citing infrastructure gaps and high costs as key barriers.