newsio aggregates and links to original sources. We do not own the original images or content. If you believe content infringes on intellectual property rights, contact us — it will be removed at first notice.
robotics/news//Benzinga
EV sales accounted for 978,845 vehicles sold in the market during the first four months of the year.
EVs captured 19.7% of the EU car market in the first four months of 2026.
KEY POINTS
BYD's YTD European EV sales jumped nearly 153% to 71,863 units over last year.
Tesla's April 2026 EU sales grew 67.2% YoY, reaching 9,169 units.
Geely's EU YTD EV sales growth was minimal at 0.7%, totaling 96,551 units.
Despite sales gains, BYD and Geely shares fell about 14% on the Hong Kong market last month.
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.
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.
Tesla, BYD, Geely Post Gains
Tesla sold over 9,169 units during April, a 67.2% surge over April 2025’s 5,483 units, the Elon Musk-led EV company recorded. Tesla’s Year-To-Date (YTD) sales for the first four months of the year were at 67,389 units, a 61.7% YoY increase from 2025’s 41,686 units.
BYD recorded sales of 20,863 units, surging 116.6% from April 2025’s 9,633 units. The Chinese EV giant has been making gains in the European market, with YTD sales from January to April 2026 coming in at 71,863 units, nearly 153% more than 28,415 units sold during the same time last year.
Geely, in contrast, posted slight gains in April, selling 26,373 units compared to last year’s 26,267 units in April. YTD, the Chinese automaker sold 96,551 vehicles, a 0.7% growth over 2025’s 95,853 units.
Stock Performances
TSLA, over the past month, surged 14.50% on the Nasdaq. On April 27, Tesla’s stock price was around $378 per share. Fast forward a month and the current price of TSLA was close to $433 at market close on Tuesday, May 26.
Meanwhile, Hong Kong-listed shares of BYD declined 14.67% over the past month. Its current price is HK$90.45 (approximately $11.5). Geely also recorded a 14% decline in its price in the past month. Currently, Geely shares are sold for HK$19.22 (approximately $2.4) on the Hong Kong stock exchange.
Check out more of Benzinga's Future Of Mobility coverage by following this link.
Photo courtesy: Mijansk786 on Shutterstock.com