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macroJun 23, 2026, 4:17 AM

Tesla's EU Market Share Rises to 2.5% in May, BYD at 2.8%

In May, Tesla's market share in the EU, Britain, and EFTA rose to 2.5%, while BYD held 2.8%. The BEV segment accounted for 10.66% of the market, according to the European Automobile Manufacturers Association (ACEA).

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Tesla captured 2.5% of the passenger car market in the EU, UK, and EFTA countries in May, up from previous levels, according to data released by the European Automobile Manufacturers Association (ACEA). Chinese competitor BYD held a slightly higher share of 2.8% during the same period.

The overall battery electric vehicle (BEV) market share stood at 10.66%, indicating the continued but gradual adoption of electric vehicles in the region. The data highlights the competitive landscape between legacy automakers and emerging EV players in Europe.

No additional commentary or projections were provided by Tesla or ACEA beyond the raw figures.

Source: First Squawk