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Legacy automakers like BMW, Cupra, and Citroën have seen significant growth in battery electric vehicles, while brands such as BYD and Tesla continue to dominate the market with their electric models. Although Tesla initially reported a significant sales drop of 45% in Europe, recent figures show a rebound, with 5,330 Tesla BEVs registered in just the first few months of the year, reflecting an 8% increase year-on-year.
With the release of the highly anticipated refreshed Model Y, many expect sales to surge again as it continues to be the best-selling car across all categories. However, analysts caution that Tesla may face competition in the EV segment as rivals like the Volkswagen ID.4 gain traction in the market.