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Joined 3 years ago
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Cake day: June 9th, 2023

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  • I always thought that Europe would be all over the EVs and would quickly build the infrastructure, help replace any other engines, and invest into battery research.

    The number of articles talking about BYD destroying the European market are way too high. The truth is that the Volkswagen group is leading BEV sales in Europe and especially Germany. The only non German brand in the top five brands is Skoda and they are owned by the Volkswagen Group. Q4 2025 Tesla was at 2.8% market share and BYD at 2.5% of BEV sales.

    Germany is also the second largest producers of BEVs globally passing the US this year. There are also some massive investments into batteries going on. Other European countries are doing similar things.

    So this money is going to end up mostly with German car makers anyway.