Tuesday 1 September 2020

Tesla Overtaken - Renault Zoe EV Dominates Europe’s July EV Sales

 Renault sold 9280 Zoe EVs in Europe in July to dominate the surging electric car market

The mass production Renault Zoe dominated Europe's Electric Vehicle sales in July.

Europe’s July auto sales figures are great news for electric car lovers but very bad news for Tesla.

Tesla fans have long argued that with such a huge head start in electric car sales it can’t be caught by OEMs, (Other Electric Makes) but that theory was blown aside in July, according to respected auto market analyst firm, Jato Dynamics.

While electric vehicle (EV) sales accounted for 18 percent of the total sales in Europe in July, Tesla sales were down 76 percent to just 1050 sales in the month.

The Covid-19 pandemic might have smashed global auto sales in the first half of the year, but its impact was far lower on electrified, plug-in cars.

EV registrations in Europe were up 131 percent year on year, to 230,700, in July.

Tesla sold just over 1000 cars in Europe in July, in a market of more than 53,000

Sales of Model 3 fell with the rest of the Tesla range in July, falling 76 percent in July

While production issues in California choked Tesla’s sales, there was no shortage of OEMs charging forward to fill the vacuum.

“In contrast to the general trend of increasing demand for electric cars, Tesla is losing ground this year in Europe,” says Jato Dynamics global automotive analyst Felipe Munoz, global analyst.

By Michael Taylor. Contributor

Link to full article

https://www.forbes.com/sites/michaeltaylor/2020/08/27/tesla-blown-away-as-renault-dominates-europes-july-ev-sales-party/#1f8a4e4151e5

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