BYD Overtakes Tesla in European EV Sales Amid Tariffs
In brief:
🔴In April 2025, Chinese automaker BYD surpassed Tesla in European electric vehicle sales for the first time, registering 7,231 units compared to Tesla's 7,165.
🔴BYD's success is attributed to its affordable and diverse lineup, including the €23,000 Seagull hatchback, and rapid expansion across over 30 European countries.
🔴Despite facing EU tariffs of up to 45% on Chinese EVs, BYD's sales surged, while Tesla's declined due to increased competition and public backlash.
🔴BYD's global strategy includes plans for local production in Hungary and Turkey to mitigate tariff impacts.
Read more:
👉https://www.cnbc.com/2025/05/23/byd-beats-tesla-in-european-ev-sales-despite-higher-tariffs-report.html
#BYD #Tesla #EVMarket #EuropeanEVs #ElectricVehicles #BYDvsTesla #EVNews
Видео BYD Overtakes Tesla in European EV Sales Amid Tariffs канала Lookahead
🔴In April 2025, Chinese automaker BYD surpassed Tesla in European electric vehicle sales for the first time, registering 7,231 units compared to Tesla's 7,165.
🔴BYD's success is attributed to its affordable and diverse lineup, including the €23,000 Seagull hatchback, and rapid expansion across over 30 European countries.
🔴Despite facing EU tariffs of up to 45% on Chinese EVs, BYD's sales surged, while Tesla's declined due to increased competition and public backlash.
🔴BYD's global strategy includes plans for local production in Hungary and Turkey to mitigate tariff impacts.
Read more:
👉https://www.cnbc.com/2025/05/23/byd-beats-tesla-in-european-ev-sales-despite-higher-tariffs-report.html
#BYD #Tesla #EVMarket #EuropeanEVs #ElectricVehicles #BYDvsTesla #EVNews
Видео BYD Overtakes Tesla in European EV Sales Amid Tariffs канала Lookahead
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23 мая 2025 г. 16:15:07
00:00:32
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