08:43 AM EDT, 08/22/2024 (MT Newswires) -- BMW AG sold more electric vehicles than Tesla (TSLA) in the European Union for the first time last month, according to data compiled by Jato Dynamics, a consultancy.

Sales of fully electric BMWs jumped 35% year over year in July to 14,869, while Tesla recorded a 16% year-over-year decline to 14,561, according to Jato Dynamics.

Tesla's Model Y and 3 continue to dominate the year-to-date rankings, but they have recently lost ground, according to the consultancy.

"The Model Y is no longer Europe's best-selling vehicle and landed in ninth position in July's overall vehicle ranking," Jato Dynamics said. "BMW's latest models -- including the iX1, i4, and i5 -- performed well in July, while the new iX2 registered more than 1,300 units."

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