MARKET UPDATE
Latest update at the bottom:
Thanks to price cuts, Tesla puts the squeeze on volume OEMs in Europe
Tesla achieved 3 per cent market share penetration of the 18 West European market monitored by Schmidt Automotive Research during the opening half of the year, while Tesla are on course to achieve 1 million cumulative deliveries (since 2012) later this year. Total up to the end of H1 2023 stood at 883,250 with 180,775 coming during H1 2023......
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More in-depth reporting in the full study published each month. The study now also features an in-depth look at the Chinese OEMs as their European expansion slowly begins. Are Chinese OEMs really a threat to the established European OEMs and what does the outlook look like?
May also interest you: French OEMs most vulnerable to Chinese incursion? Click here for the story
*Western Europe 18 Markets: EU Member States prior to the 2004 enlargement plus EFTA markets Norway, Switzerland, Iceland, plus UK