Overview
- Battery-electric vehicle (BEV) registrations in Europe grew by 23.9% in Q1 2025, reaching 412,997 units and capturing 15.2% market share.
- Volkswagen registered 65,679 BEVs in Q1, overtaking Tesla, which saw its sales drop to 53,237 units, a 37% year-over-year decline.
- Tesla's market share in Europe fell to 2% in March, down from 2.9% a year ago, with sales impacted by the Model Y production refresh and brand controversies linked to Elon Musk.
- Hybrid electric vehicles retained the largest share of the European market at 35.5%, while petrol and diesel car sales continued to decline sharply.
- The EU's stringent emission targets and growing competition from Chinese and Korean automakers are reshaping the European automotive landscape.