A VERY popular Tesla model is set to make history as its on track to be crowned Europe’s best-selling car.
As an all-electric crossover the Tesla Model Y will be the first ever EV to hold the prestigious title after it gained an overwhelming lead from its closest competitor.
MG MotorThe Tesla Model Y is set to become the first EV to be crowned Europe’s best-selling car[/caption]
AlamyExperts have also warned over an electric vehicle price war soon[/caption]
The Tesla model was by far the highest bought motor of 2023 according to preliminary figures from market researcher Dataforce.
An Automotive News report saw that the popular Y Model sold at a ridiculously good rate, selling a whopping 254,822 last year in Europe.
The second place Dacia Sandero won the hearts of almost 30,000 less people with 235,893 units sold.
It was Europe’s best-selling car for seven months out of 12 – February, March, May, June, August, September, and December.
The Model Y is also the only battery-electric vehicle in Europe’s top 20 best-selling cars in 2023.
The Tesla was also one of the most expensive EV cars on the list as experts warn there could be a price war ahead for electric motors, according to the Daily Mail.
New electric vehicles are set to become more affordable this year, according to experts.
With the highly anticipated arrival of less expensive Chinese brands and the introduction of the Zero Emission Vehicle (ZEV) Mandate, car manufacturers are expected to slash prices.
As prices tumble, the manufacturers will aim to stay competitive in an ever growing market and meet targets set by governments around EV motors.
Current data shows the current average electric car sales is just 16 per cent with some shocking results showing certain British manufacturers being as low as 3 per cent.
Auto Trader said: “Drivers considering taking the first step on their electrified driving journey have never been in a better position to benefit from falling EV prices than in 2024.”
Established brands across the UK are already striking up cheap deals to sell their new flash EVs to Brits.
The average discounts on them in showrooms around the country is sitting nicely at 10.6 per cent.
That’s impressive when compared to the typical average discount on a petrol, diesel or hybrid car at just 7.7 per cent.
Auto Trader has also said four in five brand new EVs also come with a reduced or zero finance offer as manufacturers try to tempt buyers and maintain their market share.