Tesla outpaced European competitors in February, growing EU market share
By David Sachs
ACEA said that Tesla's (TSLA) EU registrations, which reflect sales, rose to 19,249 this February from 12,860 in the prior period. That 50% jump outpaced every car company in the EU market, though brands like
The U.S. car maker accounted for 19.8% of the BEV--fully electric vehicle--market share in the EU, according to ACEA. In February last year, Tesla held an 18.5% share.
Tesla, which produces solely battery-powered vehicles, captured 2.4% of the total EU passenger car market last month, up from 1.8% the previous February, according to ACEA.
Write to David Sachs at firstname.lastname@example.org
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March 21, 2023 04:32 ET (08:32 GMT)
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