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Tesla Model Y was the best-selling car in Europe in February 2023. If this trend continues, the car could easily rank among the top 10 best-selling cars in Europe by the end of the year, the analyst said.
In February, 900,000 new vehicles hit EU roads, including 118,329 all-electric vehicles. According to Jato Dynamics analysts, this is 33% more than in February 2022. The most popular car model was Tesla Model Y with 18,446 units sold. The car outperformed the competition regardless of powertrain type. The success was achieved despite the fact that Tesla usually has fewer registrations in February. However, it is worth noting that with the increase in production at Giga Berlin, this has changed. Currently, the factory produces 5,000 Model Ys per week.
“If this trend continues, by the end of this year the Model Y could easily secure a place in the European top 10 bestselling cars ranking,” said Felipe Munoz, Global Analyst at JATO Dynamics.
In second place behind Tesla Model Y is Dacia Sandero with 18,431 sales. Peugeot 208 came in third place with 16,180 units. In fourth place is Volkswagen T-Rock with 15,760 sales. Closing out the top 5 is Opel Corsa with 15,120 units.
Model Y was among the top five registered models for Austria, Denmark, Finland, Germany, Luxembourg, the Netherlands, Norway, and Portugal. It was also the 10th most registered passenger car in the year-to-date rankings for Europe.
According to Jato Dynamics, the EV market share has increased in 25 markets in Europe. Finland took the lead with an increase of almost 18 points. Among other countries where the share of electric vehicles is also rapidly increasing are Ireland, France, Belgium, Luxembourg, Austria, Portugal, Norway, Sweden, the Netherlands, Denmark, Finland, the UK, Germany, and Switzerland.
The most popular electric vehicle in February was also Tesla Model Y. It was followed by VW ID.3 (5,375) and the VW ID.4 (5,194) by a huge margin. Fourth place is taken by Fiat 500e with 4,828 registrations, and in fifth is Tesla Model 3 with 4,635 sales.
© 2023, Eva Fox | Tesmanian. All rights reserved.
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Article edited by @SmokeyShorts; follow him on Twitter