Reported 2 days ago
Recent data reveals Tesla's sales in Europe have fallen by 40%, marking seven months of decline, while Chinese EV maker BYD sees a remarkable 225% increase in registrations. This trend underscores the growing dominance of Chinese manufacturers in the EV market, which poses a significant threat to Western automotive brands like Ford and Tesla, as highlighted by Ford CEO Jim Farley's comments on the competitive landscape.
Source: YAHOO