Tesla Inc. (NASDAQ:TSLA), BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) and Geely Automobile Holdings Ltd. (OTC:GELHY) (OTC:GELYF) posted positive sales growth in the European market during April as EV sales grow in the region.
EVs Reach Almost 20% Market Share
On Wednesday, the European Automobile Manufacturers Association (ACEA) released sales data for the month of April in the European market. EV sales accounted for 978,845 vehicles sold in the market during the first four months of the year.
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The figure demonstrated a 29.1% YoY increase. In the EU alone, companies sold 746,899 EVs, capturing 19.7% of the market during the first four months of 2026.
