Etiqueta: Europe

Tesla's sales in Europe continue to decline, with a 10.5% decrease in September. BYD's sales surged by almost 400%.

Port congestion, competition pressures loom as Mexico set to increase tariffs on Chinese vehicle imports Automakers in Asia and logistics firms around the world are grappling with uncertainty as they begin to prepare for the impact of an increase in Mexico’s tariff on Chinese vehicle imports from 20% to 50%. This change was announced in […]

Chinese automaker gains ground in September amid regional EV growth

BYD's new vehicle registrations in Europe reached 24,963 units in September, about five times the figure from the same period last year.

A sign of how customers in the region are increasingly warming to the Chinese auto giant’s lineup of electric and hybrid vehicles.| Business News

Tesla, once the EV leader, is losing market share in China, Europe, and the US due to fierce competition from BYD, Ford, and others, alongside regulatory hurdles and price wars. Internal issues like production delays and Elon Musk's divided focus compound financial woes. A strategic reset is essential for recovery.

US demand for affordable Chinese vehicles like BYD and Nio is rising, with over half of buyers open to them despite data privacy fears and potential sharing with Chinese authorities. Governments are scrutinizing risks, while China refines regulations for control. Balancing innovation and security remains key for the industry.

Nissan Europe will pool its CO₂ emissions with Chinese electric vehicle manufacturer BYD to comply with the European Union’s tougher fleet emission standards

Explore BYD’s potential stock performance by 2030, including its financial outlook, EV market dominance, and the latest stock market updates shaping investor sentiment worldwide.

Facing EU pollution penalties and lagging EV sales, Japanese automaker looks to offset its fleet emissions by purchasing credits from electric-focused BYD