BYD sold 7,231 battery electric vehicles in April versus 7,165 by Tesla, according to data from Jato Dynamics.
BYD Is #1 In Europe
Please note BYD overtakes Tesla in Europe
BYD sold more battery electric vehicles (BEVs) than market leader Tesla in Europe for the first time last month, as the Chinese carmaker continued to make inroads despite hefty tariffs on cars imported from the mainland.
Shenzhen-based BYD, which also makes plug-in hybrids (PHEVs), sold 7,231 BEVs in April, a year-on-year increase of 169 per cent, according to data compiled by market research firm Jato Dynamics from 28 countries in Europe. Tesla’s sales fell 49 per cent to 7,165 units in the same period.
“Although the difference between the two brands’ monthly sales totals may be small, the implications are enormous,” said Felipe Munoz, a global analyst at Jato Dynamics, on Thursday. “This is a watershed moment for Europe’s car market, particularly when you consider that Tesla has led the European BEV market for years, while BYD only officially began operations beyond Norway and the Netherlands in late 2022.”
Despite huge tariffs imposed by the European Union (EU), Chinese firms’ BEV sales jumped 59 per cent year on year in April to nearly 15,300 units, while carmakers from Europe, Japan, South Korea and the US posted a 26 per cent increase in sales, it added.
In the PHEV segment, Chinese carmakers’ sales surged 546 per cent year on year to 9,649 units, accounting for nearly 10 per cent of PHEVs registered in the bloc.
In response to disruptions from US tariffs, the EU and China are negotiating the European levies and exploring the possibility of setting a price floor for Chinese EVs.
Chinese EV makers are also speeding up the construction of factories on the continent to counter the tariffs. BYD’s first European car factory in Hungary is expected to start production in the second half of this year.
BYD also planned to establish its European headquarters and a new research and development centre in Hungary, CEO and president Wang Chuanfu said this week.
BYDs would sell in the US too were it not for 100 percent tariffs.
Would You Pay $15,000 for this Nice-Looking EV Toyota?
On May 4, 2025, I asked Would You Pay $15,000 for this Nice-Looking EV Toyota? Zoomers?
I am sure many would say yes, but there’s a catch.
But the Toyota bZ3X is real, and it is actually on sale starting at that price. There is a catch: To buy one, you have to be in China.
Tesla has two models widely available—Model 3 and Model Y—and both have been on the market for years. China’s BYD has about 25 models, according to the market-analysis firm Inovev, and is constantly introducing more.
Pay More – Get Less
That is Trump’s unofficial motto as well as the UAW and Teamsters.
The BZ3X would be a hot seller in the US at $15,000 or even $20,000.
But Trump wants you to to pay more. His 145 percent tariff that would price the car at $37,000 or so.
Trump finds it easy to get the economically clueless on his side with chants of “They are stealing out jobs; they are ripping us off; and it’s unfair trade”.
Trump never asks, would you like a $15,000 EV Toyota
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The idea we are going to bring shoe or clothes manufacturing back to the US (or that we would like the price result if we did) is ludicrous.
This post originated on MishTalk.Com
Thanks for Tuning In!
Mish
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