Overview

• At the IAA in Munich, BYD executive Stella Li said the crackdown on dealer discounts will push some carmakers out of China’s market and could displace roughly 100 brands.
• AlixPartners estimates only about 15 of roughly 130 Chinese EV and hybrid marques will be viable by 2030, while rival Xpeng predicts the global industry could shrink to around ten companies.
• BYD plans to nearly triple its sales and service locations in Germany by the end of 2026 and to double its European outlets to more than 2,000 next year.
• BYD is building a 200,000‑vehicle plant in Hungary slated to start operations by the end of 2025 to produce models beginning with the Dolphin Surf and to reduce the impact of EU tariffs of 17%.
• The company has accelerated sales in Europe, offering 13 models and surpassing Tesla in July registrations, even as weaker‑than‑expected second‑quarter results and reduced bank forecasts signal pressure at home.