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According to data from Jato Dynamics, BYD overtook Tesla in electric - vehicle sales in Europe for the first time in April.In April, BYD had 7,231 new battery - electric vehicles registered in Europe, a year - on - year increase of 169%. In contrast, Tesla's registrations plunged 49% to 7,165 units in the same period. Although the difference in monthly sales between the two brands is small, this is a watershed moment for the European car market, because Tesla has long dominated the European BEV (battery electric vehicle) market, while BYD only officially started operations outside Norway and the Netherlands at the end of 2022.BYD's success is mainly due to its rich and competitive product portfolio, which includes a variety of all - electric vehicles and plug - in hybrids. In addition, despite the EU imposing high - tariff barriers on Chinese - made EVs, BYD has accelerated the localization of production in Europe. It plans to open a production plant in Hungary in the second half of 2025, and will also establish a European headquarters and an R & D center in Hungary, which will help reduce costs and improve supply chain resilience.
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