Etiqueta: Volkswagen

The situation in Croatia reflects the global market. Last year, China's BYD surpassed Tesla, run by Elon Musk, for the first time

With traditional automakers absent, newcomers have the chance to present themselves to consumers

Facing the European Union's looming anti-subsidy tariffs on Chinese-made battery electric vehicles (BEVs), BYD is executing a three-pronged strategy—combining geopolitical positioning, product diversification, and global production realignment—to blunt the impact and maintain its rapid global expansion. The approach is already beginning to yield results, narrowing the gap with industry leader Volkswagen and signaling a new phase of competitive pressure for Europe's homegrown automakers.

Domestic automakers including Nio, Xpeng, Xiaomi EV, and Li Auto, alongside international brands such as BMW, Mercedes-Benz, and Audi, will participate.

A new report by CARMA, BYD vs the World: A Media Intelligence Perspective on a Rising Superbrand, reveals that 65% of global media coverage positioned BYD as a market leader in 2025.

Tesla's share of China's NEV market in October stood at 2.03 percent, dropping out of the top 10 for the first time since August 2022.

Overthe past two years, Volkswagen has shifted from being a 'global standard bearer' to an 'adopter of local innovation,' marking one of the most significant transformations in its history.

BYD is taking the long view, as it seeks to expand sales and production to many countries in Europe, South America, and the Middle East.

Electrified vehicles overtake diesel-only counterparts in October, according to the SMMT trade body, as automotive manufacturers near government target