New Delhi. Elon Musk’s Tesla and Byd are having a close fight in the electric vehicle market. While Tesla has a strong hold in the market on the strength of its technology and brand value, BYD is moving fast with its affordable and advanced technology electric vehicles. China’s byd sold more electric cars in Europe last month in Europe. This is the first time in history. Prior to Europe, Byd has greatly damaged Tesla’s popularity in China. Which reflects the aggressive strategy of the Chinese automaker and the problems of Allen Musk’s company among European buyers.
Tesla missed back
Jato Dynamics, according to data from a research firm, BYD overtook Tesla by a margin of less than 100 vehicles. BYD last month sold 7,231 completely battery -powered cars in Europe, while Tesla sold 7,165 cars. Although this difference is small, it is “an important moment for Europe’s car market,” JATO analyst Feliple Munoj said in a statement. It seems that European car buyers are ready to adopt Chinese electric cars, which are cheaper than locally manufactured options, even though the European Union imposed tariffs for the safety of domestic producers last year.
Trump’s proximity was heavy
Tesla’s sales in Europe were slowing down, before the company’s chief executive Elon Musk started spending millions to support President Trump last year. But when he played a role in the White House, cut thousands of jobs and cut a deep cut in spending, including foreign aid, the response increased. Last month, car manufacturer sales in Germany and Britain reached its lowest level in more than two years.
170 % of Byd’s growth
The sales of byd -powered cars of Byd increased by about 170 percent in April compared to the same month of the previous year. This is much higher than the sale speed of all electric cars, which increased by 17 percent in that period. At the same time, Europeans have been ignoring Tesla, which was the most popular electric car brand in Europe over the years. Its sales fell 49 percent year after year, causing Tesla to come to 11th position in that month’s rankings. In the first quarter of the year, it was second in the sale of electric vehicle behind Volkswagen in Germany.
Tesla’s cars first reached Norway
In Europe, Tesla’s cars first were first available in Norway in 2014. He began production in a factory outside Berlin in 2022 – the same year when byd began selling cars in Norway and Netherlands. The Chinese automaker is building a factory in Hungary, as well as in Türkiye, which can export cars without paying tariffs to the European Union. This week, byd announced that it would set up its European headquarters in Hungary, which would lead to 2,000 jobs, including research and development.
