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Tag Archives: jato dynamics

January sees 52% surge in Chinese car sales across Europe

January saw a surge in sales of Chinese electric vehicles across Europe building market share. According to Jatro Dynamics, although the overall European car market posted a decline of 1.9% year on year, Chinese car brands continued to accelerate, with 37,134 vehicles registered in January, an increase of 52% from January 2024. The market share of Chinese brands grew from ...

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High cost of BEVs remains ‘barrier to entry’ for consumers despite price cuts

The decline in the BEV-ICE price gap has led to greater uptake of EVs in Europe as models become more accessible and affordable. But despite this, the high cost of Western BEVs remains a barrier to entry for consumers, while Chinese manufacturers now offer electric cars for as little as €3,250 in China, according to the latest figures from Jato ...

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Poor car sales and steep prices point to ‘deep-rooted’ problem in Europe

  Carmakers across Europe need to cut prices to boost sales volumes in a mature market under pressure from Chinese carmakers and the EU Mandate. That’s the view from Jato Analytics which said concerns “are mounting over the survival of Europe’s automotive industry” if manufacturers are unable to find ways to reduce their prices. Car sales in Europe are in ...

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‘Lack of clarity’ sees BEV sales in Europe fall 6% in July

Demand for electric vehicles fell in July, with their market share decreasing from 14.6% in July 2023 to 13.5% last year, according to analysis of 26 European countries. According to JATO’s data, 139,300 new electric cars were registered last month, down 6% from July 2023. Felipe Munoz, Global Analyst at JATO Dynamics, said: “The lack of clarity around the incentives ...

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European demand for BEVs slowed in H1

European demand for BEVs slowed in H1 as Tesla and Volkswagen lost ground to BMW and  Chinese OEMs. JATO Dynamics’ data for 28 European countries revealed that new passenger car registrations increased by just 4.4% between January and June 2024, compared to the same period last year, with volume increasing from 6,559,213 units in H1 2023, to 6,847,842 units in ...

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JATO Dynamics reveals world’s best-selling car of 2023

The Tesla Model Y made history last year as the first ever pure electric vehicle to lead the global market, says JATO Dynamics. It secured this position despite being without a presence in most emerging markets, where it is unaffordable for most. Felipe Munoz, senior analyst at JATO Dynamics, said: “Tesla is a brand made for the developed world. “While ...

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