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......
Story continues for subscribers
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
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