BMW overtakes Tesla in European EV sales for first time, report says
BMW
BMW led the European battery electric vehicle (BEV) market for the first time, beating U.S. automaker Tesla, according to market research firm JATO Dynamics. The German auto giant sold 14,869 BEV cars in July, about 300 more than Tesla last month. WHY IT'S IMPORTANT The data underscored traditional automakers' success in the market after trailing pure electric-vehicle manufacturers, driven by government policies and brand royalty. KEY QUOTES "The lack of clarity around the incentives for - and
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