New car registrations fall in Europe and Tesla sees another drop
New car registrations fall in Europe and Tesla sees another drop
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New car registrations in the EU decreased in the first five months of the year, with a notable rise in battery-electric vehicles, which now make up 15.4% of the market. Hybrid-electric cars lead with 35.1% market share. Germany, Belgium, and the Netherlands saw significant increases in EV sales, while France experienced a decline. Spain reported strong growth in car registrations, particularly in EVs. The Volkswagen Group remains the market leader, while Tesla's sales fell significantly.
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