KEY POINTS
New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.
BYD recorded 13,503 new registrations in July, up 225% annually.
Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.
Funny BYD is the battery OEM on heaps of non-chinese EVs. If you saw for example a Mercedes EV in traffic today, it likely had a BYD battery. They’ve been doing battery tech for literal decades. Their blade battery system is one of the safest and efficient ones on the market.