China's BYD Is About To Outsell Ford In Europe
5 Articles
5 Articles
The market dynamics of the Old Continent are marking another historic turn, which seemed unthinkable just a few years ago. A large-scale statistical analysis of new car registrations in Europe shows that the Chinese technology and automotive giant BYD is on the verge of overtaking the established American manufacturer Ford in terms of sales volume. Data for the first eight months of the year show that the Chinese brand registered 234,099 new veh…
What seemed unthinkable a decade ago should soon become a reality: China's car manufacturers overtake it at a fast pace.
The European car market is reorganizing on several fronts, with Chinese manufacturers ahead of competitors with a long history, while this is the first time in the European Union that more fully electric cars are registered annually than conventional gasoline. According to recent data from ACEA, BYD is already ahead of Ford, Chery and Leapmotor have increased their sales several times, and several major traditional automakers are also losing sha…
“Chinese automakers are not just coming to Europe, they are already there,” Motor1.com says, commenting on data released by the European Automobile Manufacturers Association (ACEA). The reason is provided by the results shown by BYD, which is already “breathing down Ford's head”. And other manufacturers from China are not that far away.Read more...
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
