Europe EV Sales Report: Decline in May, Tesla’s Deliveries Plummet, and Two Standout Performers
Recent data shows a 10% decrease in plugin vehicle registrations in Europe in May, with Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs) both experiencing declines. Despite challenges, standout performers include the new Volvo EX30 and the Tesla Model 3. With over half of the European car market now electrified in some form, traditional petrol and diesel vehicles are seeing declines.
Global EV Registrations Surge in March 2024, BYD Qin Plus Among Top Performers
Global electric vehicle (EV) registrations surged by 19% in March 2024, surpassing 1.3 million new units. The BYD Qin Plus stood out in the global EV ranking, securing the third position with 52,305 registrations. Tesla Model Y led the pack with 118,985 registrations. BYD’s pricing strategy helped them secure seven models in the top 10, while Volkswagen (VW) Group and Audi also made their mark in the top 20. Notable performances included the Jeep Wrangler PHEV, indicating a growing interest in plug-in hybrid models globally.
Porsche Announces Highly Anticipated Macan SUV Electric Vehicle
Porsche has announced its second-ever electric vehicle, the highly anticipated Macan SUV, with a starting price of $80,450. This marks the first time the sports car maker has electrified one of its preexisting vehicles. The new Macan will sport a…