Tesla Registrations In UK Dip 13% Till July End While Warren Buffett-Backed BYD, MG Motor Register Growth

Quick Summary:

What Happened: According to data from the Society of Motor Manufacturers and Traders (SMMT,) new Tesla registrations in July alone slumped 22% to 2,462 units despite a 16% rise in overall battery electric vehicle registrations.U.S.automaker Ford Motor Co.(NYSE:F) also saw new registrations dip 31% last month to 7,814 units.

Only 25,491 Tesla Inc.(NASDAQ:TSLA) EVs were registered in the UK this year till the end of July, marking a dip of nearly 13% from the corresponding period last year, according to industry data.

Ford’s Puma, however, featured in the top 10 most registered vehicles.The fate of the U.S.players served other European and ...

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Author / Journalist: Anan Ashraf

Category: Technology

Markets: United StatesSouth Korea

Topics: Mobility Global F Benzinga Electric vehicles BYDDY EVs US3453708600 Tech US88160R1014 News TSLA

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 10:11:48 (12 hours ago)

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News Source URL: benzinga.com

Language: English

Article Length: 378 words

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Sentences: 18 lines

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News ID: 21930313

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