Etiqueta: Europe

Elon Musk faces a growing threat as Tesla slips and China's BYD surges in the heart of Europe

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.

BYD has launched the Atto 1—also known as the Seagull, Dolphin Mini, and Dolphin Surf in other markets—as its new entry-level EV in Indonesia, marking the

Tesla Inc. continues to post steep sales declines in Europe’s biggest electric vehicle markets, where the Elon Musk-led automaker is ceding significant share to China’s BYD Co.

China’s giant BYD sold 60,930 vehicles from July 28 to August 3, industry data shared on Chinese social media showed this Tuesday.

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.