BYD CRUSHES TESLA IN EUROPE EV RACE BYD is rapidly gaining ground in Europe, with January registrations surging 165% year-on-year to 18,242 vehicles, boosting its market share to 1.9%. Meanwhile, Tesla continues to lose momentum, with registrations falling 17% to 8,075 and market share dropping to 0.8%. The gap highlights a growing divergence: BYD’s expansion—driven by both electric and hybrid models—is accelerating, while Tesla’s Europe performance keeps declining. Despite a slight drop in overall EU car sales, electric vehicles are gaining traction, now making up 19.3% of the market, reinforcing the long-term shift to electrification.(*Walter Bloomberg)