Etiqueta: Europe

EV Stocks Today: BYD’s weakest growth in five years and Tesla deliveries set up Friday’s trade - TechStock²

Chinese EV giant BYD Co. Ltd. sees strong overseas growth as it aims to expand in Europe, but cumulative sales are still down.

BYD sold 4,602,436 new energy vehicles globally in 2025, a 7.7% increase year-over-year, meeting its revised annual target.

Chinese auto giant BYD sold 2.26 million electric vehicles last year, a company statement showed Thursday, setting a new record for any firm globally.Tesla has also faced rising EV competition from BYD and other Chinese companies, as well as from European giants. pfc/ami

BYD sold 420,398 NEVs in December, marking an 18.34 percent year-on-year decline.

According to data compiled by the Gasgoo Automotive Research Institute data, in October 2025, BYD, Geely Holding, and Chery Holding demonstrated a clear export trend of stable core markets alongside expansion into emerging regions.

This EV driver was left seriously impressed after trying out the ultra-fast EV charger from BYD, which is almost as fast as refueling with gas

Chinese automakers record EV market share in Europe with BYD, Stellantis-backed Leapmotor and Chery leading the charge.

BYD is expected to host a tech day event in late February 2026 to showcase its latest technologies.

The success of the Seal U showcases two key advantages the Chinese have over rivals in Europe: affordability and agility.