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BYD overtakes Tesla in European EV sales for first time

  • BYD has surpassed Tesla in European electric vehicle (EV) sales for the first time, marking a significant shift in the market.
  • In April, BYD registered 7,231 new battery-electric vehicles, a 169% increase year-on-year, while Tesla's registrations declined by 49%.
  • This development indicates a changing landscape in Europe's EV market, with BYD's total sales rising by 359% in April compared to the previous year.
  • Chinese manufacturers like BYD are now focusing on both fully electric cars and plug-in hybrids in Europe, adapting to higher tariffs on Chinese-made EVs and evolving market demands.

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