Tesla UK Registrations Fall 9 Percent Year Over Year Amid Rising Chinese EV Competition

Date:

The logo of car manufacturer Tesla at a dealership in London, in this file photo. Matthew Childs/ReutersTesla’s car registrations in the United Kingdom fell 9 percent year over year in December, industry data showed on Jan. 6, underscoring the intense competition from Chinese rivals faced by the U.S. electric vehicle maker in its largest European market.Overall new-car registrations in the UK fell sharply during the month, even as electric vehicles (EVs) captured a record share of the market, according to figures published by New AutoMotive.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Samsung Heads South, Leaves New Jersey for Texas

The logo of the Samsung Electronics Co. at its...

Ford Recalls Nearly 420,000 Vehicles Over Inadvertent Seatbelt Lock Issue

The Ford logo on a car in Brussels on...

How Major US Stock Indexes Fared June 3

Oil prices rose following the latest threats to the...

Paramount Seeks EU Approval for Warner Bros. Discovery Takeover

Paramount Pictures Studios in Los Angeles on April 28,...