New shot male: Chinese Byd first overtook Tesla in Europe
The Chinese Byd sold more cars in Europe for the first time than Tesla, he announced Reutersciting Jato Dynamics report. The outdated line of models and men’s involvement in politics has harmed the demand for Tesla. Byd, which produces and plug-in hybrids, thus registered 7321 electric vehicles in Europe in April and Tesla 7165.
– This is a turning point for the European car market, especially when it is taken into account that Tesla has led the European Bev market for years, while byd officially began business at the Norway and the Netherlands at the end of 2022 – said Global Analyst Jato Dynamics Felipe Munoz.
The demand for electric vehicles in Europe remains stable. Electric vehicles registration have increased by 28% in April compared to last year, mainly thanks to Chinese car brands, Reuters reports.
Despite the introduction of the European Union customs into electric vehicles of Chinese production, registrations of such cars increased by 59% of the month compared to the previous year, while car manufacturers from Europe, Japan, South Korea and the United States recorded an increase of 26 percent.
Analysts expect that after last year’s fall, another annual Tesla drop will follow, after a 13 percent fall in the first quarter. On the other hand, Musk said this week that Tesla had already reversed the sale and that demand is strong in regions besides Europe.
