Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >China's BYD outsells Tesla in Europe for first time, report says
    Finance

    China's Byd Outsells Tesla in Europe for First Time, Report Says

    Published by Global Banking & Finance Review®

    Posted on May 22, 2025

    2 min read

    Last updated: January 23, 2026

    Add as preferred source on Google
    China's BYD outsells Tesla in Europe for first time, report says - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationAutomotive industryfinancial marketsconsumer perceptioninvestment

    Quick Summary

    BYD outsold Tesla in Europe for the first time, registering 7,231 BEVs in April. Tesla's sales were impacted by an aging lineup and political issues.

    BYD Surpasses Tesla in European Electric Vehicle Sales for the First Time

    (Reuters) -Chinese automaker BYD sold more electric vehicles in Europe than Tesla for the first time, according to a report by JATO Dynamics, as an aging model lineup and CEO Elon Musk's politics hurt demand for the U.S. EV maker's cars.

    BYD, which also makes plug-in hybrid vehicles, registered 7,231 battery-powered electric vehicles (BEV) in Europe in April, while Tesla registered 7,165 units, the market research firm said.

    "This is a watershed moment for Europe's car market, particularly when you consider that Tesla has led the European BEV market for years, while BYD only officially began operations beyond Norway and the Netherlands in late 2022," JATO Dynamics' global analyst Felipe Munoz said.

    Demand for electric vehicles in Europe remains steady. BEV registrations surged 28% in April from last year, largely driven by Chinese car brands.

    Despite the EU's imposition of tariffs on Chinese-made electric vehicles, registrations of such cars increased 59% in the month from a year earlier, while carmakers from Europe, Japan, South Korea and the United States recorded 26% growth.

    WEAK TESLA DEMAND

    The company reported its first drop in annual deliveries last year, and analysts expect another fall this year after a 13% decline in the first quarter.

    Musk said earlier this week that Tesla had already turned around sales, and demand was strong in regions apart from Europe.

    His political views have triggered waves of protests against Tesla in the U.S. and Europe, leading to a slump in sales.

    Additionally, production halts to retool factories to make the redesigned Model Y crossover globally caused a drop in manufacturing and sales in the first quarter.

    Analysts have also attributed lower sales to customers waiting for less-expensive versions of the new Model Y, Tesla's best-selling vehicle, to become more widely available.

    (Reporting by Akash Sriram in Bengaluru; Editing by Shinjini Ganguli)

    Key Takeaways

    • •BYD outsold Tesla in Europe for the first time.
    • •BYD registered 7,231 BEVs in Europe in April.
    • •Tesla's European sales affected by aging models and politics.
    • •European BEV registrations surged by 28% in April.
    • •Chinese car brands drive growth in European EV market.

    Frequently Asked Questions about China's BYD outsells Tesla in Europe for first time, report says

    1What milestone did BYD achieve in Europe?

    BYD sold more electric vehicles in Europe than Tesla for the first time, according to a report by JATO Dynamics.

    2How many battery-powered electric vehicles did BYD sell in April?

    BYD registered 7,231 battery-powered electric vehicles (BEV) in Europe in April.

    3What factors contributed to Tesla's decline in sales?

    Tesla reported its first drop in annual deliveries last year, and analysts expect another fall this year due to demand issues and production halts.

    4How has the demand for electric vehicles in Europe changed?

    Demand for electric vehicles in Europe remains steady, with BEV registrations surging 28% in April from the previous year, largely driven by Chinese car brands.

    5What challenges does Tesla face in the current market?

    Tesla is facing challenges such as political controversies affecting sales, production halts for retooling factories, and customers waiting for less-expensive versions of the Model Y.

    More from Finance

    Explore more articles in the Finance category

    Image for Trading Day: Giving peace a chance
    Trading Day: Giving Peace a Chance
    Image for Nexi appoints Bernardo Mingrone as CEO
    Nexi Appoints Bernardo Mingrone as CEO
    Image for UN adopts Ghana's slavery resolution, defying resistance from US, Europe
    UN Adopts Ghana's Slavery Resolution, Defying Resistance From Us, Europe
    Image for Saab presses on with Peru fighter campaign despite political headwinds
    Saab Presses on With Peru Fighter Campaign Despite Political Headwinds
    Image for Italy's MPS board revokes CEO Lovaglio's powers
    Italy's Mps Board Revokes CEO Lovaglio's Powers
    Image for KKR-backed OHB taps banks for share sale, Bloomberg News reports
    KKR-backed Ohb Taps Banks for Share Sale, Bloomberg News Reports
    Image for Shares of Western gas exporters reap war windfall as Qatar flows dry up
    Shares of Western Gas Exporters Reap War Windfall as Qatar Flows Dry Up
    Image for Exclusive-US links security guarantees to Ukraine giving up Donbas, Zelenskiy says
    Exclusive-US Links Security Guarantees to Ukraine Giving up Donbas, Zelenskiy Says
    Image for Thyssenkrupp, Jindal steel sale talks falter on pension, energy costs, sources say
    Thyssenkrupp, Jindal Steel Sale Talks Falter on Pension, Energy Costs, Sources Say
    Image for M&S targets faster fashion cycle with launch of monthly capsules
    M&s Targets Faster Fashion Cycle With Launch of Monthly Capsules
    Image for Submit Your Nominations for CFO of the Year 2026
    Submit Your Nominations for CFO of the Year 2026
    Image for EU not doing enough to unblock cross-border services, auditors say
    EU Not Doing Enough to Unblock Cross-Border Services, Auditors Say
    View All Finance Posts
    Previous Finance PostEurovision Winner Wants Israel Excluded From 2026 Contest Over Gaza War
    Next Finance PostMacron to Pitch France as Reliable Alternative on Asia Tour Amid US-China Rivalry