BYD's Jan new car registrations in Europe surge 165%, once again surpassing Tesla

CnEVPost
2026.02.24 10:30
portai
I'm PortAI, I can summarize articles.

BYD's new car registrations in Europe surged 165% in January, reaching 18,242 units, surpassing Tesla's 8,075 units. BYD's market share increased from 0.7% to 1.9%, while Tesla's share fell from 1.0% to 0.8%. This trend highlights BYD's strong growth in the European market, contrasting with Tesla's declining performance. Despite a general decline in overall vehicle registrations in the EU, battery electric vehicles (BEVs) gained market share, indicating a positive shift towards electrification. BYD's robust growth continues, while Tesla struggles to maintain its position.