New Delhi: Europe’s car market is going through one of its biggest shakeups in years, and this time it is China’s BYD that has taken the spotlight. The company outsold Tesla in the European Union for the second month in a row, riding a wave of new electric and hybrid registrations that are changing the shape of the industry.

Data from the European Automobile Manufacturers’ Association shows that BYD’s sales in August were three times higher than the same month last year, while Tesla slipped by more than a third.

BYD edges ahead as Tesla stumbles

Tesla, once the foreign EV champion in Europe, saw its EU market share shrink to just 1.2 percent after sales fell 36.6 percent year on year. BYD surged 201.3 percent and nudged ahead with 1.3 percent share. It may look like a small difference,

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