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The Shifting Sands of EV Supremacy: BYD Overtakes Tesla in Europe and the Road Ahead
BYD, leveraging its cost advantages and strong Chinese market presence, has overtaken Tesla in global EV sales, necessitating BYD's continued focus on affordability and international expansion, while Tesla needs to diversify its lineup and reduce costs.
Data from JATO Dynamics shows that BYD’s Europe volumes rose 359% in April from last year as the company continues its global ...
Despite the EU's imposition of tariffs on Chinese-made electric vehicles, registrations of such cars increased 59% in April from a year earlier.
A 50 percent tax on European imports would hit the continent hard, hurt the U.S. economy and slow growth globally.
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