Etiqueta: Model Y

BYD, the top-selling electric vehicle manufacturer on earth, has reduced its 2025 end of year sales forecast from 5.5 million cars to 4.6 million, a 16% cut

Tesla’s Struggling Entry in India and BYD’s Competitive Edge: A Deep Dive into EV Market Dynamics in Emerging Economies

The launch adds fresh competition in China’s crowded premium SUV market, where Li Auto and Xpeng are also pushing new models to challenge Tesla’s dominance.

High prices, Trump tariffs, and showroom foot traffic that isn't converting--Tesla's entry into India is off to a rocky start.

Tesla's sales in key European markets have declined for eight straight months, with sharp drops in France (47.3%), Sweden (84%), and Denmark (42%), amid rising competition from BYD and an aging product lineup. Consumer backlash against Elon Musk exacerbates the slump, threatening Tesla's global position despite gains in Norway and Spain.

Europeans are pissed at Tesla and BYD is eating its lunch.

Tesla's troubles across the pond in Europe are worsening. Per the European Automobile Manufacturers' Association, Tesla EV registrations (a proxy for sales) in Europe fell to just 8,837 units in July, a 40.2% drop compared to a year ago. Meanwhile, overall EV registrations in the region, which includes the UK and the European Free Trade Association, rose 33.6% in July, with overall registrations up 5.9%.

The electric carmaker sold 40 per cent fewer cars year on year in July in Europe, the UK and Scandinavia

Tesla's European Market Woes and BYD's Ascendancy: A Strategic Shift in the Global EV Landscape

Tesla Sales in Europe Outstripped by Chinese Rival BYD Amid Sluggish Demand and Musk's Tarnished Reputation