Etiqueta: Europe

Honda, Geely, and NIO are positioned to benefit from EV growth in China and stable demand in Japan, despite weakness in Europe's car market.

BYD earns a Strong Buy rating with market dominance, global EV expansion, and robust financials. Click here to read my most recent BYDDY analysis.

BYD's Strategic Shift: Navigating Domestic Saturation and Global Expansion

From September, BYD Europe will take control of the wholesale distribution of its vehicles in the Netherlands. Koninklijke Louwman Group will remain BYD’s strategic partner in the country, and will continue to focus on expanding the Chinese OEM’s retail and service network, as well as its customer experience outreach.  In 2022, Louwman, one of Europe’s largest automotive distributor groups, became BYD’s very first distribution partner on the European market, helping BYD become one of the fastest growing new automotive brands on the Dutch market.

BYD's rapid rise is hitting Tesla hard in Europe’s biggest markets. In July, Tesla's UK sales fell 60% to 987 units, while German sales dropped 55.1% to 1,110 units, according to SMMT data. Meanwhile, BYD’s UK sales soared to 3,184 units, over four times last year’s figure, and German sales jumped 390% year-over-year. BYD’s explosive growth is rapi...

BYD outsold Tesla in Europe for the first time in April 2025, with registrations surging 359% year-over-year amid EU tariffs, driven by affordable models and local production plans. Tesla's sales plummeted due to aging lineups, supply issues, and CEO controversies. This shift highlights China's growing EV dominance in the region.

Europe’s EV Power Shift: BYD Accelerates as Tesla Hits the Brakes

Tesla sales dropped nearly 60% in July to 987 units.

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?