BYD UK Registrations Surge 78% in February, Tesla Falls 45%
With BYD expanding and more Chinese automakers entering, including Chery, Geely and SAIC, competition in the UK EV market is increasingly intensifying.
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With BYD expanding and more Chinese automakers entering, including Chery, Geely and SAIC, competition in the UK EV market is increasingly intensifying.
China’s passenger car market showed divergence in January, with overall prices slightly lower but discounts expanding to an average of RMB 35,300 ($5,110).
In January 2026, Chinese-branded new energy passenger vehicles accounted for 28.3% of overseas sales, up 7.5
February saw stagnant sales for NEV makers, with mixed year-on-year growth and market preparation ahead.
In January alone, 606,000 charging facilities were added, extending last year’s elevated growth trajectory.
BYD achieved this milestone even as the EU slaps a 27% tariff on China-made EVs, with growth driven by the budget-friendly Dolphin Surf.
Of the total 3.57 million vehicles in inventory, the manufacturer share stands at a historically high 32%.
Chinese brands sold a combined 70,465 vehicles in Europe in January, up 80% YoY, lifting market share from 4% in January 2025 to 7.4%.
High-end luxury NEVs have strengthened their price competitiveness, while emerging EV brands showed the most pronounced price shifts
CATL and BYD retained a combined 67% market share, with ternary competition concentrated among leading suppliers.