BYD beats Tesla in European EV sales despite EU tariffs in 'watershed moment,' report says
Publishing timestamp: 2025-05-23 07:05:24
Summary
BYD's Europe volumes rose 359% in April from last year, despite EU's punitive tariffs on Chinese-made BEVs. BYD outsold Tesla in Europe for the first time ever, marking a "watershed moment" for the region's car market. The success of BYD in Europe is seen as a significant development in the electric vehicle industry, with the company also beating out well-established European car brands. The growth of BYD in Europe comes as the region emerges as a central battleground between BYD and Tesla, with both companies expanding their operations in the region.
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Keywords: business news, technology, breaking news: technology, autos, trade, tesla inc,