Overview
- Automakers reporting monthly data said U.S. EV sales fell sharply in October, with Ford’s all‑electric deliveries down 25% year over year and Hyundai’s Ioniq 5 down 63% as hybrids gained share.
- Tesla’s European registrations tumbled, including Sweden (-89%), Denmark (-86%) and Norway (-50%), with Sweden’s 133 units constrained by IF Metall‑led delivery blockades that now include hauler Linde; France was a small outlier with a 2.4% gain.
- In the Netherlands, Tesla sales halved to 645 vehicles and Norway dropped to 671, reinforcing a broader regional slide despite new Model Y pricing and 0% financing offers.
- China data showed Tesla sold 61,497 Shanghai‑built vehicles in October, down 9.9% year on year, as Gigafactory output fell 32.3% from September while rivals NIO and XPeng reported record monthly deliveries.
- BYD said October sales fell about 20% year on year and disclosed third‑quarter net profit declined to CNY 7.8 billion (down roughly one‑third), as China’s regulator announced a recall of more than 115,000 BYD vehicles; BEVs accounted for 50.9% of its October registrations.