Recent reports indicate that BYD, a prominent Chinese EV manufacturer, experienced a significant increase in sales across Europe last month. The company launched several new models and expanded its regional distribution network, aiming to bolster its market share. This growth was driven by increased demand for BYD vehicles within the European market. Nexperia, a Japanese electronics supplier, has been facing challenges, and its recent saga is being closely monitored. The increase in BYD’s European sales presents a notable development for the company’s global strategy.
Credits: News – South China Morning Post
