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Electric vehicle sales accounted for 18% of total sales in Europe in July.
Despite the dizzying increase in the price of the % seniority, Tesla, Inc.(NASDAQ: TSLA) appears to be losing flat in Europe.Its sales fell 76% to just 1,050 sales in July.Meanwhile, Renault SA (OTC: RNLSY) ruled the night of electricity vehicle sales in Europe in July.
Europe – Shelter for vehicles
The COVID-19 would probably have skyrocketed global car sales in the first part of the year, but its effect was much less on electric and hybrid cars.The unexpected thing is that in Europe, electric vehicle registrations increased by 131% annually.in July. Total electric vehicle registrations in Europe increased from 23,400 sales in July 2019 to 53,200.The number of existing models increased from 28 models in 2019 to 38.Sales of plug-in hybrids also skyrocketed 365% from figures.
Bestsellers include the Peugeot (OTC: PUGOY) 208, the Mini Electric, the MG ZS, the Porsche Automobile Holding (OTC: POAHY) Taycan and the Skoda Citigo. They were driven by the Renault Zoe, which became the best-selling electric vehicle in Europe in July, with a year-on-year growth of 146%. No Tesla style reached the 10 most sensitive. Renault sold 9,280 Zoes in July, followed by the Hyundai Kona (4405), Volkswagen (OTC: VWAGY) e-Golf (4094) and the Kia e-Niro.
It’s the beginning
This year, Audi will launch its e-tron GT. Volkswagen has already presented its long-awaited ID.3, even out with sketches of next year’s ID.4 SUV.Tata Motors (NYSE: TTM) Jaguar joked with a relative of the I-Pace who awarded him the World Car Award.Porsche will have two more electric cars in the workshop over the next two years, and the race has only just begun.
Felipe Muñoz, a global automotive analyst at Jato Dynamics, points out that the construction of demand for electric vehicles has been met through a growing number of options. This upd construction festival has made electric cars more affordable, while European governments have provided more to businesses and consumers to enter the market in the form of incentives: 12,000 euros in France and more than 9,000 euros in Germany.
Perspective
The automotive industry as a whole recovered strongly in July, with the 27 domestic markets in Jato’s knowledge registering 1,278,521 sales, only 4% less than in 2019; however, there is still great uncertainty about when the pandemic will occur regardless.
Since January, volumes have fallen by 35% to 6.37 million cars.In addition, only nine of the 27 countries that have expanded in July, such as the United Kingdom, France and Denmark.However, markets have fallen. Italy, Portugal and Austria fell by at least 10 consistent with the penny.Moreover, Germany experienced a 5% drop, but at least its Volkswagen Golf has regained its classic position as the best-selling device in Europe with 31,169 sales in July.
This article is not a press release and was written through a verified independent journalist for IAMNewswire.It doesn’t deserve to be interpreted as investment advice.Read the full disclosure. IAM Newswire does not hold any position in the above corporations.Press Releases: If you are looking for a full distribution of press releases, please contact: [email protected] Contributors: IAM Newswire accepts presentations.If you want an IAM journalist, contact: [email protected]
The message Renault controlled to beat Tesla in Europe made the first impression at IAM Newswire.
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