Etiqueta: BYD

Tesla’s sales freefall in Europe continues. The American automaker’s sales declined by 40% in July, while BYD’s increased by 225%....

Tesla's troubles across the pond in Europe are worsening. Per the European Automobile Manufacturers' Association, Tesla EV registrations (a proxy for sales) in Europe fell to just 8,837 units in July, a 40.2% drop compared to a year ago. Meanwhile, overall EV registrations in the region, which includes the UK and the European Free Trade Association, rose 33.6% in July, with overall registrations up 5.9%.

An Australian family was stunned by the response to their BYD Atto 3 EV failure, after the battery inside the electric car failed at 100km/h (60mph)

Tesla sales plunged again in Europe in July as car buyers continued their migration to Chinese rival BYD.

Sales of Tesla cars have continued to decline across Europe, falling 40% in July, as Chinese rival BYD saw a surge in registrations in the region last month.

BYD has introduced the all-electric Dolphin Mini and Yuan Pro, and the PHEV model Song Pro DM-i in Argentina.

New EU car registrations jumped by 7.4% in July year-on-year. EV sales are increasing, but Tesla is losing momentum in the bloc as Chinese competitor BYD grows in popularity, tripling its sales in the first seven months.View on euronews

The slowdown comes despite strong growth in Europe’s EV market, where battery-electric registrations jumped 24% this year.

Tesla's European Market Woes and BYD's Ascendancy: A Strategic Shift in the Global EV Landscape