New vehicle registrations in Europe increased by 18% in May 2023. The shift was due in part to the growing demand for electric cars like Teslas, which are outpacing the broader automotive market.
This increase represents the 10th consecutive month of rises, and it was driven by strong sales of battery-electric vehicles, which jumped 66% to 170,389 units, as highlighted in a document released by industry association ACEA.
The growth of EVs has been substantial,…
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