Tesla Charges Ahead In Europe As May Registrations Surge Over 2000% While Ford Falters

Tesla Charges Ahead In Europe As May Registrations Surge Over 2000% While Ford Falters

Tesla experienced a remarkable surge in registrations in the European Union last month, with a staggering 2000 increase compared to May 2022. br br 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.br br 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.


User: Benzinga

Views: 1

Uploaded: 2023-06-21

Duration: 00:54

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