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EVs in France reach record market share

Push EVs

share of the auto market, up fractionally from 24.4% Full electrics grew at a decent rate, but plugin hybrids fell. Overall auto volumes for the month were flat year on year, but full year 2022 volumes were down almost 8% on 2021. December’s overall plugin result of 25.0% plugin hybrids (PHEVs). a year ago.

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

As people have seen the EV adoption rate globally is under pressure and a lot of other auto manufacturers are pulling back on EVs and pursuing plugin hybrids instead. It’s important to acknowledge what Elon said, from our auto business perspective. Auto margins declined from 18.9 So we’re doing well.

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