BYD Tops Global EV Charts With 30% Q2 Growth As Tesla Sales Sink 14% Worldwide

Benzinga

BYD led global new energy vehicle sales in the second quarter of 2025, capturing 18.3% market share, according to Trendforce. Tesla followed with 11.7% after a 14% YoY sales decline across multiple regions, including steep drops in France, Sweden, Denmark, and California. In the UK, Tesla cut lease prices by more than 40% after sales fell over 60%, while BYD surged 314%, selling 3,184 units in July. BYD also set a record in India with over 3,000 units sold by August, surpassing its full 2024 tally. The Chinese automaker is preparing to expand further into Europe with luxury subbrands Yangwang and Denza slated for debut next year.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02BYD led global new energy vehicle sales in the second quarter of 2025,

00:06capturing 18.3% market share, according to TrendForce.

00:09Tesla filed with 11.7% after a 14% year-over-year sales decline

00:13across multiple regions, including steep drops in France, Sweden, Denmark, and California.

00:19The UK Tesla cut leases prices by more than 40% after sales fell over 60%,

00:23while BYD surged 314%, selling 3,184 units in July.

00:28BYD also set a record in India with over 3,000 units sold by August,

00:33passing its full 2020 mortality.

00:35Chinese automaker is preparing to expand further into Europe

00:37with luxury sub-brands Yangwing and Denzel slated for debut next year.

00:41For all things money, visit Benzinga.com.

Category

Transcript

Be the first to comment

Recommended