Tesla Inc. (NASDAQ:TSLA) saw its sales in the United Kingdom drop significantly in February, declining 45.2% year over year to 2,208 vehicles, according to figures released Wednesday by New Automotive.
Meanwhile, Chinese electric vehicle maker BYD Company Limited (USOTC:BYDDY) recorded strong growth, with sales rising 40.9% to 968 vehicles over the same period. Despite the surge, Tesla maintained its position as the leading brand in the UK electric vehicle market.
New Automotive noted that Tesla’s delivery volumes often fluctuate from month to month. However, cumulative sales for the year to date are currently down around 5%, a trend the group said is likely to draw increased market scrutiny.
The data also highlighted continued momentum in the UK’s electric vehicle transition. Battery electric vehicles accounted for roughly one quarter of total car sales in February, while approximately one-third of newly registered vehicles were plug-in models.
“It’s fantastic to see one in four drivers opting for an electric car in February,” said Ben Nelmes. “As we enter yet another fossil fuel price crisis, every electric vehicle represents another step towards energy independence.”
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