EU electric car sales drop in May as German demand slumps, industry says

- Sales of new battery-electric cars in the European Union dropped 12% in May from a year earlier, led by a 30% plunge in Germany, data from Europe's auto industry body showed on Thursday.

Overall new car sales in the bloc fell by 3% in May from the same month in 2023, the second drop this year, and were down 2.6% in a wider region covering the EU, Britain and the European Free Trade Association , the ACEA said. To shield domestic automakers from an influx of cheap EV imports, the European Commission said last week it would impose provisional duties of up to 38.1% on China-made EVs starting July.) said last week it expected to increase the price of its China-made Model 3 when the EU measures come into effect. Elon Musk's company recorded a 34.2% drop in May sales in the EU.

Electrified vehicles - fully electric models, plug-in hybrids and full hybrids - accounted for 48.9% of all new EU passenger car registrations in May, up from 46.2% a year earlier.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

German business sentiment stagnates in May, Ifo saysGerman business sentiment stagnates in May, Ifo says
La source: Investingcom - 🏆 450. / 53 Lire la suite »

German IFO Business Climate Index eases to 89.3 in May vs. 90.3 expectedThe headline German IFO Business Climate Index arrived at 89.3 in May, a tad lower than the April figure of 89.4.
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »