Etiqueta: EU

Tesla's EV sales in Europe are plunging, with a 27% drop in France alone. As BYD surges, Tesla faces intense pressure. Is its dominance over?

Tesla faces sharp sales declines in Europe, with registrations dropping 60% in Britain and halving in Germany, amid aging models, Musk's polarizing image, and fierce competition. Chinese rival BYD surges ahead with affordable EVs, overtaking Tesla despite tariffs. This shift highlights the need for Tesla to innovate rapidly.

Yahoo Finance is chronicling the latest news and updates on Trump's tariffs.

BYD's July Delivery Slowdown: A Warning Signal for the Overheated EV Sector?

BYD saw a 10.1% decline in sales in July as PHEV sales dropped 22.6% while EV sales grew 36.8% but fell short of expectations.

BYD's Production Slowdown and Sales Volatility: A Strategic Inflection Point for Investors?

Following BYD’s bold entry into the Korean market, a cadre of Chinese EV brands like Zeekr, Changan and even Xpeng are now eyeing Korea as their next destination — even if it means absorbing losses to gain a foothold.

BYD's EV Production Challenges and Stock Split Timing: A Long-Term Investment Assessment

Chinese EV companies captured 10.6% of Europe's EV market share in June despite EU tariffs. BYD and Xpeng saw significant sales growth.

Some brands like BYD and Xpeng grew more than 100% in a year. But some, like battery-swpping Nio, haven't found their footing yet.