BYD Surpasses Tesla in Europe for the Second Consecutive Month

Chinese automaker BYD tripled its sales in Europe, overtaking Tesla for the second month in a row. Sales across the region have surged, driven by the strong performance of hybrid and electric vehicles.

Chinese electric vehicle manufacturer BYD sold three times more vehicles in the European Union last month compared to the same period last year, surpassing Tesla for the second consecutive time. According to data from the European Automobile Manufacturers’ Association (ACEA), BYD’s market share increased to 1.3%, while Tesla’s share dropped from 2% to 1.2%.

Overall sales in the European automotive market grew by 4.7%, reaching 800,000 units. The growth was particularly accelerated by contributions from plug-in hybrid (PHEV) and battery electric vehicles (BEV). Hybrid sales saw a year-over-year increase of 54.5%, while electric car sales rose by 30.2%. Consequently, electric and hybrid vehicles now constitute 62.2% of total sales.

Stellantis recorded a sales increase for the first time since February 2024, with a 2.2% growth. Volkswagen’s sales went up by 4.8%, and Renault’s increased by 7.8%. Sales for MG, the European brand of China’s SAIC Motor, also jumped by 59.4%, raising the company’s market share to 1.9% and making SAIC one of the top ten best-selling brands in Europe for the first eight months of the year.

While Europe’s legacy automakers are focusing on plug-in hybrids to boost profitability and comply with emission standards, Chinese brands are adopting the same strategy. This allows them to soften the impact of the European Union’s tariffs on Chinese-made electric vehicles while also working to gain the trust of European consumers.

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