BMW led the battery electric vehicle (BEV) market for the first time in July, overtaking Tesla as overall EV registrations slowed.
According to JATO Dynamics’ data, BEV registrations fell by 6% compared to July 2023, with their market share dropping from 14.6% to 13.5%. This decline is attributed to uncertainties surrounding EV incentives and concerns about the residual value of electric vehicles.
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Author:
Aimee Turner
Deputy editor
AM deputy editor Aimée Turner has been a specialist B2B editor and journalist covering the international transportation sector for more than 20 years.
She has specialised in the significant safety, regulatory, and environmental issues that impact advanced technology businesses in the pursuit of more efficient, safer and sustainable transportation modes.
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