Tesla Sales Plunge in Britain Amid Rise of Chinese EV Rival BYD
Over 55% drop recorded as competition heats up in Europe
Tesla has reported a dramatic 55% decline in vehicle sales across Britain and Germany, with Chinese automaker BYD rapidly gaining ground in both markets.
Analysts cite price sensitivity and expanding model choices as key factors in the growing popularity of BYD’s electric vehicles.
Analysts cite price sensitivity and expanding model choices as key factors in the growing popularity of BYD’s electric vehicles.
