Overview
- BYD achieved 169% year-on-year growth in European battery-electric vehicle registrations in April 2025, while Tesla experienced a nearly 50% decline.
- Including plug-in hybrids, BYD’s total registrations rose by 359%, further solidifying its lead over Tesla.
- BYD’s European expansion strategy includes a second factory under construction to localize production and reduce tariff impacts.
- Analysts describe BYD’s rise as a turning point in the European automotive market, reflecting shifting competitive dynamics and technological advancements.
- Tesla’s decline is attributed to an aging product lineup and reputational challenges linked to CEO Elon Musk’s political controversies.