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Drivers ditching ICE cars with best-ever year for EVs - except Tesla
The best-ever start to the year for global electric vehicle (EV) registrations continues with registrations from almost 40 of the world’s largest markets reaching 729,000.
Global electric vehicle (EV) sales enjoyed their best-ever start to the year with registrations across 40 of the world’s largest markets reaching 729,000 in February - while Tesla’s star continues to fade, slipping to fourth place behind China’s BYD. BYD sold around the same number of EVs as Tesla last year – 1.76m compared to 1.79m, respectively although when sales of the Chinese company's hybrid cars are taken into account, it is much bigger, selling a record 4.3m vehicles globally in 2024. It cited Tesla chief executive Elon Musk’s increasingly active role in politics as a possible factor, but noted also the potential impact of the imminent launch of the new Model Y.
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