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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":661,"relatedVideos":662},112467328076023,"c0599b0d-784d-4b24-9142-145a377c7c4a","Has BYD overtaken Tesla in Europe?","byd-is-overtaking-tesla-in-europe","article/byd-is-overtaking-tesla-in-europe",{"_uid":547,"date":548,"tags":549,"editor":565,"content":575,"excerpt":637,"featured":51,"reporter":638,"_editable":642,"component":643,"seo_title":543,"categories":644,"visibility":651,"author_company":49,"data_vis_image":652,"featured_image":656,"seo_description":637,"author_full_name":49,"author_job_title":49,"formattedDate":659,"formattedArticleDate":660},"cc28bb19-0512-4a99-a1fd-6ea24a1f3c0e","2025-08-11 00:00",[550,553,556,559,562],{"slug":551,"name":552},"byd","BYD",{"slug":554,"name":555},"china","China",{"slug":557,"name":558},"data-visualisation","Data Visualisation",{"slug":560,"name":561},"europe","Europe",{"slug":563,"name":564},"tesla","Tesla",[566],{"slug":567,"name":568,"content":569},"matthew-bird","Matthew Bird",{"job_title":570,"image":571,"bio":573,"linkedin":574},"Senior Editor - Supply Chains & Data Visualisation",{"filename":572},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":576,"content":577},"doc",[578,585,597,604,609,617,622,627,632],{"type":579,"attrs":580,"content":581},"paragraph",{"textAlign":49},[582],{"text":583,"type":584},"BYD’s European electric vehicle (EV) sales in the first half of this year jumped more than five-fold compared to the same period last year according to Rho Motion’s EV & Battery Database. Over the same period, Tesla’s vehicle sales in Europe fell 28%. As a result, BYD is fast approaching Tesla in terms of unit sales. BYD was the ninth largest OEM in Europe’s EV market in H1 while Tesla remained just ahead at seventh. By comparison, Tesla and BYD held third and 13th positions, respectively, after the first six months of 2024.","text",{"type":586,"attrs":587},"blok",{"id":588,"body":589},"fdc5918f-93e5-49e4-8da2-d757c7a44958",[590],{"id":591,"_uid":592,"type":593,"_editable":594,"component":595,"fixed_height":596,"use_fixed_height":50,"fixed_height_mobile":596,"fixed_height_tablet":596},"24598346","i-7aa420a9-4f12-4a39-80c3-5325e551a19e","visualisation","\u003C!--#storyblok#{\"name\": \"ContentFlourish\", \"space\": \"\", \"uid\": \"i-7aa420a9-4f12-4a39-80c3-5325e551a19e\", \"id\": \"\"}-->","ContentFlourish","",{"type":598,"attrs":599,"content":601},"heading",{"level":600,"textAlign":49},4,[602],{"text":603,"type":584},"Where is BYD making up ground?",{"type":579,"attrs":605,"content":606},{"textAlign":49},[607],{"text":608,"type":584},"There are multiple markets in Europe where BYD has sold more vehicles so far in 2025 than Tesla. In Spain and Italy, BYD has outperformed Tesla by 2,839 and 3,058 units respectively. In the UK and Germany, Europe’s two largest EV markets, BYD is catching up with Tesla having sold 3,824 and 2,559 fewer units respectively compared to Tesla. However, in three months of year so far BYD outperformed Tesla in total sales in the UK while it outperformed Tesla in two months of the year so far in Germany.",{"type":586,"attrs":610},{"id":611,"body":612},"159af9a0-0768-471c-9f95-aa6ca187befb",[613],{"id":614,"_uid":615,"type":593,"_editable":616,"component":595,"fixed_height":596,"use_fixed_height":50,"fixed_height_mobile":596,"fixed_height_tablet":596},"24626563","i-16537595-ac76-4601-b010-7711c242f397","\u003C!--#storyblok#{\"name\": \"ContentFlourish\", \"space\": \"\", \"uid\": \"i-16537595-ac76-4601-b010-7711c242f397\", \"id\": \"\"}-->",{"type":598,"attrs":618,"content":619},{"level":600,"textAlign":49},[620],{"text":621,"type":584},"What is causing the reverse of fortunes?",{"type":579,"attrs":623,"content":624},{"textAlign":49},[625],{"text":626,"type":584},"“BYD closing the gap on Tesla in Europe is a story about Tesla’s decline as much as it is about BYD’s rise. Tesla has experienced significant YTD decreases in key European markets, such as France and Germany,” Geroge Whitcombe, EV sales analyst at Rho Motion, commented. “This is largely driven by Musk’s political involvement with divisive political parties and leaders.”",{"type":579,"attrs":628,"content":629},{"textAlign":49},[630],{"text":631,"type":584},"A refresh of the Model Y at the start of 2025 may explain some of the drop in unit sales during the early months of the year. However, Tesla’s continued weak performance in Europe suggests that its challenges go beyond temporary disruptions caused by changes to production. While BYD’s growth has come from a low base, it is now competing with established European brands in the EV market. It outperformed Skoda, Renault and SEAT in terms of EV sales in the first half of 2025 and fell just short of Audi and Volvo.",{"type":579,"attrs":633,"content":634},{"textAlign":49},[635],{"text":636,"type":584},"BYD’s growth in Europe has not been fueled by unusually low prices but instead by large model availability that continues to grow and through the sale of PHEVs in light of the EU’s tariffs on Chinese made BEVs. BYD’s PHEV Seal U was the bestselling PHEV in Europe in the first six months of 2025, outselling its nearest competitor by 37% the VW Tiguan.","BYD’s European electric vehicle (EV) sales in the first half of this year jumped more than five-fold compared to the same period last year according to Rho Motion’s EV & Battery Database. Over the same period, Tesla’s vehicle sales in Europe fell 28%. As a result, BYD is fast approaching Tesla in terms of unit […]",[639],{"slug":567,"name":568,"content":640},{"job_title":570,"image":641,"bio":573,"linkedin":574},{"filename":572},"\u003C!--#storyblok#{\"name\": \"article\", \"space\": \"\", \"uid\": \"cc28bb19-0512-4a99-a1fd-6ea24a1f3c0e\", \"id\": \"\"}-->","article",[645,648],{"slug":646,"name":647},"batteries","Batteries",{"slug":649,"name":650},"ev","EV","private",{"id":49,"alt":596,"name":596,"focus":596,"title":596,"source":596,"filename":653,"copyright":596,"fieldtype":654,"meta_data":655,"is_external_url":51},"https://res.cloudinary.com/benchmarkminerals/images/f_auto,q_auto/v1754910070/www-production/Screenshot-2025-08-11-120037/Screenshot-2025-08-11-120037.png?_i=AA","asset",{"alt":596,"title":596,"source":596,"copyright":596},{"id":49,"alt":596,"name":596,"focus":596,"title":596,"source":596,"filename":657,"copyright":596,"fieldtype":654,"meta_data":658,"is_external_url":51},"https://a.storyblok.com/f/287943243085208/6fc77abfaa/bm-adobestock-915152141-editorial-use-only.jpeg",{"alt":596,"title":596,"source":596,"copyright":596},"Aug 11, 2025","11th August 2025",[],[],1783093107676]