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KEY POINTS
New European car registrations of Tesla vehicles totaled 8,837 in July, down 40% year-on-year, according to the European Automobile Manufacturers Association, or ACEA.
BYD recorded 13,503 new registrations in July, up 225% annually.
Elon Musk’s automaker faces a number of challenges in Europe, including intense ongoing competition and reputational damage to the brand.
Not even that …
BYDs are better and cheaper than pretty much any other EV. That’s why Americans can’t buy them.
And why Americans can’t afford used cars.
https://www.financefling.com/how-much-would-a-byd-car-cost-in-the-usa-in-2025/
Even after current tariffs, it’s cheaper than everything else.
The vast amount of Americans are suffering so a handful of wealthy ones can get even wealthier.
I’ve read a number of European reviews of the byd dolphin and most I’ve seen have compared it unfavorably to European EVs
Looks like the average Euro EV is ~44k and the dolphin comes in under 30k, under 25k in UK…
It definitely doesn’t have all the bells and whistles, but it’s a shit ton cheaper.
The people writing reviews for brand new cars have a target demographic: people that routinely buy new cars.
The majority of people won’t have the same priorities, especially these days.
EU has a dozen EVs under 25,000. Average car costs are misleading, the mean is a more important number.
The problem with auto reviews is that they are all advertising. They never mention reliability as a concern. Australia killed off local GM and Ford production and they brought in Chinese EVs two years ago. Consensus already is that they don’t last.
They usually compare it to cars of a similar size, instead of similar price. and yeah, when you’re buying a car of the same size that’s 5k cheaper, you’re getting less car.
BYD’s biggest advantage is the government subsidies it gets from China. In the EU, they get tariffed to protect local automotive companies from unfair competition (I.e nation-state supported automotive companies that can literally sell their cars at a loss). Thus, BYD loses its appeal.
Better how? Because Australians disagree.
Canada here. Most of the middle-class can’t afford new cars either. Trucks are big like RV’s now and it’s almost like buying a house.