Etiqueta: Tariffs

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

The Shifting EV Power Dynamics in Europe: Why BYD Is Outpacing Tesla and What It Means for Investors

New car sales in Europe rose 5.9% in July as a jump in Germany outweighed drops in Britain, France and Italy, European Automobile Manufacturers Association data showed on Thursday. Tesla lost market share for a seventh consecutive month despite a rise in overall sales of electric cars, and trailed competitor BYD, which was included in the monthly sales data for the first time. WHY IT'S IMPORTANT Domestic carmakers such as Volkswagen are studying new launches to fend off Chinese competitors in Europe's growing EV market and comply in a profitable manner with regulations that encourage adoption of the vehicles.

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

BYD is charting an ambitious global course, and investors may want to take a closer look at whether this stock could offer the ride of a lifetime.

BYD's Strategic Shift to Thai Production and EV Exports to Europe: A New Era for Southeast Asia's EV Ecosystem

BYD on Tuesday announced that its high-end sub-brand Yangwang has set a new global benchmark for electric vehicle performance. On August 8, the Yangwang U9 Track Edition supercar hit a verified top speed of 472.41 km/h (294 mph) at Germany’s ATP proving grounds, making it the fastest production EV in the world. The U9 Track | BYD on Tuesday announced that its high-end sub-brand Yangwang has set a new global benchmark for electric vehicle performance. On August 8, the Yangwang U9 Track Edition supercar hit a verified top speed of 472.41 km/h (294 mph) at Germany’s ATP proving grounds, making it the fastest production EV in the world. The U9 Track

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.