Etiqueta: subsidy

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.

Over the past few days, I have been scouring through BYD’s 1H Interim Report. Overall, performance was what I expected, if below some projections, but a few notable items stood out.

Tesla is no longer the world’s top EV seller. A Chinese rival has surged ahead with futuristic cars, eye-watering sales, and global ambitions backed by billions in state support. Yet beneath the glossy image lie hidden debts, recalls, and growing international scrutiny.

Tesla sales plunged again in Europe in July as car buyers continued their migration to Chinese rival BYD.

BYD has begun exporting cars made in Thailand to Europe, partly in response to Thai policies that apply to vehicle imports.

BYD has reached a new milestone in its Southeast Asian operations by starting exports of electric cars from Thailand to Europe. The first model shipped is the

Detroit isn’t doomed, said Dan Sperling, founding director of the UC Davis Institute of Transportation Studies. But it requires some key policy support.

The EU introduced high special tariffs on electric cars from China last autumn. A Dataforce analysis shows that Chinese carmakers BYD and MG have since

Brand and Channel Penetration in Lower - Tier Markets: Strategies and Opportunities