Tesla UK sales plunge in January as Chinese rivals race ahead, New Automotive data shows

Reuters
2026.02.04 14:02
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Tesla's UK sales fell over 57% in January, selling only 647 battery-electric vehicles, significantly trailing behind Chinese rival BYD, which sold 1,326 units. This decline marks the steepest drop among major manufacturers, as competition intensifies from brands like BYD and MG. Ford led the UK market with 2,271 sales. Overall, UK car registrations dropped 4.6% in January, indicating a shift towards electric vehicles despite market volatility.