Etiqueta: France

Sales data reveals that 36 percent of Chinese cars sold in Europe last month are EVs

BYD has sold 17,470 fully electric and plug-in hybrid vehicles across its European markets in October, a 206.8% jump from the same period a year ago.

Europe’s auto market kept climbing in October, boosted by strong demand for electrified models.

The world's leading electric vehicle manufacturer showcases its technological prowess and determination to conquer foreign markets at its massive Zhengzhou factory, which employs 57,000 people.

Nissan partners with BYD to meet EU 2025 carbon limits, using emissions pooling to stay compliant as it ramps up electric vehicle production.

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.

Europe's car industry faces an acute demand shock from Chinese overcapacity & US tariffs. Instead of bailouts & regulatory rollbacks, member-states should co-ordinate buy-European EV subsidies & revive internal demand.

Europe’s car industry faces a perfect storm. Chinese car exports are surging, European producers are being squeezed out of global markets, US tariffs are rising, and domestic demand remains 20% below pre-pandemic levels. Instead of sliding into a costly muddle of regulatory rollbacks, bailouts, and fragmented national subsidies, the EU should harness its single market - 450 million consumers and a vast corporate sector - to drive demand for Europe-made vehicles. That means co-ordinating consumer subsidies with a buy-European clause, applying it to both private and corporate fleets, and using it as a platform for reciprocal EV-subsidy agreements with trusted trade partners. A window for action is open: Germany, France, Italy, and Spain all need to renew their EV-support schemes in the coming months. Together, they represent 70% of EU car registrations—and could launch broader European coordination.