EU new car sales flat in July as battery-electric slumps, industry body ACEA says

New car sales in the European Union increased by 0.2% in July despite declines in France and Germany, with battery-electric vehicles losing market share. The total electrified vehicle sales accounted for 50.9% of new passenger car registrations. Major automakers such as Volkswagen, Stellantis, and Renault saw drops in registrations amid rising competition from China.