智通财经网·2025-08-28 07:09Group 1: Market Overview - In July, new car sales in Europe increased by 5.9% year-on-year, primarily driven by strong demand in Germany, which offset declines in the UK, France, and Italy [1][4] - The overall new car sales in Europe, including the EU, UK, and EFTA, reached 1.09 million units in July [3] - The total car sales in Germany grew by 11.1%, while the UK, France, and Italy saw declines of 5%, 7.7%, and 5.1% respectively [6] Group 2: Electric Vehicle Market Dynamics - Despite an overall increase in electric vehicle sales in Europe, Tesla's market share has significantly declined for seven consecutive months, with a 40.2% drop in new car sales in July [1][4][7] - BYD, a Chinese electric vehicle competitor, achieved a remarkable 225.3% increase in sales, capturing a market share of 1.2%, surpassing Tesla's approximately 0.8% [1][4] - The registration of pure electric vehicles, hybrid, and plug-in hybrid models in the EU saw year-on-year growth of 39.1%, 56.9%, and 14.3% respectively, collectively accounting for about 59.8% of total registrations [4] Group 3: Industry Challenges - The CEO of ACEA expressed concerns that the EU's targets for reducing vehicle CO2 emissions, including a 100% reduction for passenger cars by 2035, are no longer feasible [2] - European automakers have reported significant losses, with companies like Renault issuing profit warnings due to the adverse effects of U.S. import tariffs [2] - Tesla faces increasing competition from low-cost electric vehicles, particularly from Chinese manufacturers, and is struggling with regulatory challenges in Europe [7]