Tesla Charges Ahead In Europe As May Registrations Surge Over 2000% While Ford Falters
- 11 months ago
Tesla experienced a remarkable surge in registrations in the European Union last month, with a staggering 2000% increase compared to May 2022.
Data from the European Automobile Manufacturers‘ Association revealed that 21,927 Tesla vehicles were registered in May, a substantial jump from the 957 vehicles registered in the same month last year. The EV giant also saw its market share rise from a mere 0.1% to an impressive 2.3%.
In contrast, American automaker Ford faced a slump in May registrations, witnessing a 4.2% decline. This drop resulted in Ford’s market share declining from 4.3% to 3.5% compared to the previous year.
Data from the European Automobile Manufacturers‘ Association revealed that 21,927 Tesla vehicles were registered in May, a substantial jump from the 957 vehicles registered in the same month last year. The EV giant also saw its market share rise from a mere 0.1% to an impressive 2.3%.
In contrast, American automaker Ford faced a slump in May registrations, witnessing a 4.2% decline. This drop resulted in Ford’s market share declining from 4.3% to 3.5% compared to the previous year.