Etiqueta: Europe

The EU introduced high special tariffs on electric cars from China last autumn. A Dataforce analysis shows that Chinese carmakers BYD and MG have since

BYD leads global NEV sales, Tesla falls behind with declining sales. BYD sets records in India and plans expansion into Europe.

TrendForce’s latest research reveals that global NEV sales, including BEVs, PHEVs, and FCVs, reached 4.868 million units in the second quarter of 2025, up 30% YoY. When HEVs are included, total EV sales climbed up to 6.456 million units, accounting for 29% of global auto sales.

"If they keep growing at this speed, Europe should expect big disruption in the coming months."

In 2025H1, the global NEV market continued to grow, with a remarkable YOY increase of 25%. By country/region, China's NEV sales in H1 2025 remained the global leader, with a penetration rate of 46.6%. Policy support and price wars drove strong growth among domestic brands, and exports reached record highs. In Europe, market demand showed signs of recovery, but NEV growth was only in the low single digits due to subsidy reductions and supply chain bottlenecks, while Chinese automakers accelerated localized layouts to capture market share. The U.S. NEV market lagged behind China and Europe, with high interest rates and policy uncertainty suppressing its potential. Emerging markets such as Southeast Asia and Latin America showed early signs of explosive growth.

BYD’s new all-terrain circuit is the first of its kind in China, and it’s pretty wild. It’s more than a...

The exec is driving the global expansion of BYD, China's EV-maker and Tesla competitor.

BYD's Strategic Surge: How Cost-Competitive Hybrids and Regulatory Flexibility Are Reshaping the UK EV Market

Chinese automaker BYD will expand its retail and service network in Hungary with five new dealerships opening in late 2025, strengthening its presence beyond Budapest and offering its full range of electric and plug-in hybrid vehicles nationwide.

European Industrial Policy and the Auto Sector: Reindustrialization, Green Transition, and Shareholder Value in a Post-Volkswagen Era