Tesla (NASDAQ:TSLA) saw new-car sales in the United Kingdom rise 7.6% in August compared with the same month last year, according to data released Thursday by the Society of Motor Manufacturers and Traders (SMMT).
The increase in Tesla registrations coincided with a 15% rise in battery electric vehicle (BEV) sales for the month, underscoring the rapid growth of the UK’s electric vehicle market.
Research firm New AutoMotive reported an even stronger performance for the overall BEV sector, noting a 20% increase in August registrations.
This positive trend for Tesla and the wider EV industry contrasts with the broader UK automotive market, which saw a 2% drop in new-car registrations, totaling 82,908 units for the month.
The SMMT described August as the “quietest month” for car sales in Britain, making the surge in electric vehicle registrations particularly notable amid a generally slower market.
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