The European Commission has decided to give automakers breathing room in achieving its zero-emission target, which is going to enable

As an energy enthusiast, I’ve been closely following the EU’s car crisis and its impact on the automotive industry. It’s fascinating to see how regulatory changes can shake up the market, especially when it comes to electric vehicles (EVs).

Tesla witnessed a drop of over 50% in new car registrations in January in the EU despite battery electric vehicle registrations rising.

The European Commission will present measures next week meant to boost demand for electric vehicles (EVs)in the European Union, and envisages local content requirements for car battery production, according to a draft of the proposals.

Electric vehicle sales surged despite the overall drop, growing by 34% and reaching a 15% market share. BMW sold more EVs in the EU in January than Tesla, which saw a significant sales drop last month.

Teslas car sales in Europe and the UK tumbled in January, facing mounting competition from Chinese automakers and European brands expanding their EV lineups. New Tesla registrations in the EU, the UK,

Electric vehicle (EV) giant Tesla’s ($TSLA) sales in UK jumped by 20.7% in February despite CEO Elon Musk’s seemingly deteriorating brand value.

The European Commission has decided to give automakers breathing room in achieving its zero-emission target, which is going to enable them to buy fewer emission credits from Tesla and other all ...

BYD exec Stella Li described China as “the homeland for innovation” in the car industry. The company’s sales grew more than 40% globally last year thanks to its EVs and PHEVs. Its growth is made all the more impressive by the fact it doesn’t sell any vehicles in the US.

Shares in electric car maker Tesla have slumped more than 9% after EU and UK sales fell by almost half in January. The drop in Tesla shares took the company's valuation back below $1trn for the first time since November 2024. Tesla has been facing stiff competition in the European market from Chinese and other manufacturers.

Musk’s far-right cheerleading appears to be coming at a price for Tesla, whose sales in Europe tumbled 45% in January from a year earlier, while its rivals’ rose by over 37%, according to the European Automobile Manufacturers’ Association, which represents major car makers.

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