Etiqueta: Germany

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.

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.

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.

Chinese EV companies captured 10.6% of Europe's EV market share in June despite EU tariffs. BYD and Xpeng saw significant sales growth.

Battery-electric bus registrations in Europe reached 5,315 units in the first half of 2025, extending the upward trajectory seen...

The level 3 autonomous vehicles market is expected to surge from 291,000 units in 2025 to 8.7 million units by 2035, driven by a 40.5% CAGR. Despite slow adoption, evolving consumer confidence, especially in China and the Middle East, presents new opportunities. Chinese OEMs, including BYD, Xpeng, and NIO, are strategically bundling level 3 autonomy with advanced E/E architecture to maintain competitiveness. Asia Pacific is poised for robust growth, led by aggressive efforts from regional OEMs.

The British are open to new brands and love Tesla-sized cars, which means the BYD Seal U could become a mainstream model.

This morning we're looking at Stellantis' multi-billion-dollar 2025 losses, as well as BYD's stagnation.

BYD is shaking up the race against Tesla, Inc. and Elon Musk, not just with any electric vehicle, but by pushing bold moves into plug-in hybrid vehicles and