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BYD Rises in Europe as Tesla Falls, More Than Tripling Sales

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BYD Rises in Europe as Tesla Falls, More Than Tripling Sales
As Zach mentioned yesterday, the Guardian reported data from ACEA showing that Tesla sold 12,130 vehicles in Europe in November, down from 18,430 last year, while the overall market grew slightly. Tesla’s market share shrank from 2.1% to 1.4%. However, while Tesla staggered, BYD’s sales growth accelerated in the EU, EFTA and UK from 6,568 to 21,133 units in November over the year prior. Up 221%. More growth than any other automaker.It should be noted that this YoY growth came after the EU implemented supplemental BEV tariffs on top of the 10% base tariff, bringing the total to 27% for BYD. Politicians who thought that the tariffs might stop them are undoubtedly disappointed. BYD indicated that they had padded prices ahead of the tariffs in anticipation of their implementation and that they would not need to raise prices after the tariffs were announced. As such, the tariffs did not slow them down. While protectionism and the threat of protectionism undoubtedly inflate European prices overall, greater certainty lets companies like BYD build out viable business models. Their vehicles are still more than competitive, even when prices are inflated by politicians. However, because the added tariffs do not apply to PHEVs, those models have been growing faster. This is driving faster PHEV growth in 2025.

Chinese automotive industry is plagued by a trend of blindly following...

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Chinese automotive industry is plagued by a trend of blindly following trends, Geely VP said

In recent years, new energy vehicles in China are experiencing homogenization, adopting highly similar designs and configurations.

The post Chinese automotive industry is plagued by a trend of blindly following trends, Geely VP said appeared first on CarNewsChina.com.

The China EV Flywheel And Why Exports Will Keep Rising

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The China EV Flywheel And Why Exports Will Keep Rising
China’s EV flywheel combines scale, batteries, and exports. That system is already reshaping global vehicle competition.

BYD Gains Ground in European EV Market as Tesla Stumbles

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BYD Gains Ground in European EV Market as Tesla Stumbles
Recent registration data from Europe reveals a significant shift in the electric vehicle landscape, with Chinese automaker BYD posting explosive growth while

BYD (OTCMKTS:BYDDF) Shares Gap Down

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BYD (OTCMKTS:BYDDF) Shares Gap Down
BYD (OTCMKTS:BYDDF) Shares Gap Down - Time to Sell?

New Super-Fast Charging BYD EV Models Overtake Tesla

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New Super-Fast Charging BYD EV Models Overtake Tesla
Chinese electric vehicle maker BYD is set to release a model that will be able to drive up to 400 kilometres after just five minutes of charging, though experts warn of infrastructure challenges. Chinese electric vehicle maker BYD is set to release a model that will be able to drive up to 400 kilometres after just five minutes of charging. BYD’s super-fast charging capacity is made possible by an “all liquid-cooled megawatt flash charging terminal system.”

Chinese Hypercar Ambitions, BYD Look Set To Join Chery On The...

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Chinese Hypercar Ambitions, BYD Look Set To Join Chery On The Road To Le Mans
Chinese Hypercar Ambitions, BYD Look Set To Join Chery On The Road To Le Mans

BYD’s big plans in Brazil, Xpeng tries to go global: 7...

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BYD’s big plans in Brazil, Xpeng tries to go global: 7 EV reads
From EV battery giants in China venturing into shipbuilding to BYD’s ambitious plans in Brazil, here are seven EV stories you may have missed.

BYD Yangwang launches special green exterior edition for U9 electric supercar

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BYD Yangwang launches special green exterior edition for U9 electric supercar
The green exterior edition commemorates the U9 Xtreme's achievements at Germany's Nürburgring circuit.

First car from Huawei & GAC revealed as sporty wagon with...

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First car from Huawei & GAC revealed as sporty wagon with L3 ADAS

The first car under the Qijing brand from Huawei and Guangzhou-based GAC automaker was revealed as a sporty wagon with L3-ready ADAS.

The post First car from Huawei & GAC revealed as sporty wagon with L3 ADAS appeared first on CarNewsChina.com.