BYD, the best-selling car in the EU - Surpasses Tesla for the second month in a row
Chinese electric vehicle manufacturer BYD sold three times more new cars in the European Union in August 2025 than in August 2024, surpassing US competitor Tesla for the second consecutive month, data from the European automobile association ACEA showed.
Stellantis returned to sales growth in Europe for the first time in more than a year, while the overall market expanded with a surge in sales of plug-in hybrid vehicles (PHEV) and battery electric vehicles (BEV).
Europe's battered auto industry faces challenges, including U.S. import tariffs, competition from China and difficulties in profitably meeting domestic regulations for the approval of electric vehicles.
Automakers have been ramping up sales of PHEVs to meet emissions standards with cars that are more affordable and profitable than pure electric vehicles. Chinese brands have also used the technology to minimize the impact of European Union tariffs on domestically produced electric vehicles and win over European drivers skeptical of China.
Sales in the European Union, Britain and the European Free Trade Association rose 4.7% to 0.8 million cars in August, ACEA data showed. Volkswagen and Renault registrations rose 4.8% and 7.8% respectively on a year-on-year basis.
Tesla's sales in the EU fell by 36.6%, reducing its market share to 1.2% from 2% a year earlier. BYD's sales rose by 201.3%, giving it 1.3% of the market.
Sales of SAIC Motor, the owner of MG, also from China, rose 59.4% in August, taking its year-to-date market share to 1.9% and making it the tenth best-selling carmaker on the block so far this year.
Total car sales in the EU rose by 5.3%. Registrations of battery electric cars, electric hybrids and plug-in hybrids increased by 30.2%, 54.5% and 14.1% respectively, together accounting for 62.2% of block registrations, up from 52.8% in August 2024.
EU ready to impose tariffs on Russian oil - After increasing pressure from Donald Trump
The European Commission is working to impose tariffs on Russian oil still entering the common market via Hungary and Slovakia amid growing pressure from......
What are the biggest economic risks for EBRD countries in Europe?!
Several Central European countries, including Hungary, Romania and Slovenia, have seen their economic prospects deteriorate as trade tariffs rise and Chinese......
Kosovo and Albania lead the region - EBRD predicts economic growth of 3.9% and 3.5%, respectively
The European Bank for Reconstruction and Development (EBRD) has published projections for the economies of its member countries this year and next. As for......
'Driverless Bus' - Is this the transportation of the future?
Madrid has a new temporary public vehicle: a fully autonomous electric minibus that aims to bring the mobility of the future closer and alleviate the driver......
How much are the major currencies exchanged today? – The British pound is on the rise!
The US dollar appears stable this morning as compared to the previous day there have been no significant fluctuations in the quote, being bought today at 82......
Turkey to buy gas from US - Signs 20-year deal with Mercuria
Turkey has signed a 20-year deal with trading company Mercuria to buy American liquefied natural gas, as US President Donald Trump urges Europe to stop......
Drinking water and waste/ Rama: National operators for management
Prime Minister Edi Rama today announced intervention in the management of the Tirana Water Supply, through the National Water Operator, which has been......
Preparing for the job market, the British Embassy funds professional courses for prisoners at Fier Penitentiary Institution
The British Embassy in Tirana is funding the establishment of vocational courses for prisoners. Special facilities have been built in Fier prison for an......
