BYD Outperforms Tesla in European Sales: A ‘Charged’ Updates Brief
The Fly has climbed to the status of a reliable news source, faithfully relied upon by institutional investors and adept dealers for breaking reports in the realms of electric automobiles and renewable energy. It is a go-to outlet for understanding the pulse of the market, revealing the stocks given a thumbs-up or thumbs-down by revered Wall Street analysts. Whether it’s about Tesla (TSLA), an obvious market favorite, budding start-up Rivian (RIVN), or legacy car manufacturers like GM (GM) and Ford (F) who have pivoted towards EV, The Fly has it all. Their weekly brief, ‘Charged’, rounds up the week’s significant events and expert opinions in the industry.
Piquing interest this July was BYD (BYDDF), outperforming Tesla (TSLA) once again in European sales. A manifestation of the intense competition Tesla is currently weathering from its Chinese competitors as it aims for a larger footprint in the European market. The stats straight out of the European Automobile Manufacturers’ Association underline BYD’s stride – with new car registrations tripling year-on-year to 9,698 vehicles across the EU.
On the other hand, Tesla reported a dip in Chinese-made EV sales by 4% year over year in August. However, it wasn’t all grim. The silver lining appeared in the form of a robust 22.6% surge in deliveries for its Model 3 and Model Y cars, all manufactured at its Shanghai plant, compared to the previous month.
Zeekr Group (ZK) also joined the update bandwagon with its August delivery results. The numbers reflected a total of 44,843 cars handed over to customers across its Zeekr and Lynk & Co lineups.
Li Auto (LI), another notable player in the landscape, released its own announcement. The company recorded a delivery figure of 28,529 vehicles in the month of August 2025, taking its total cumulative deliveries by the end of August to an impressive 1,397,070.
Notably, Li Auto has its eyes on the future with yet another thrilling news. They are all set to roll out the Li i6, a battery electric SUV targeting the ever-expanding EV market, in the following month.
XPeng (XPEV) unveiled its own slurry of promising figures. The company’s monthly report highlighted a record-breaking delivery number of 37,709 Smart EVs for August. This marks a remarkable 169% surge year-over-year and a 3% increment over the preceding month.
However, BofA did cause some waves with its move to shift Li Auto’s rating from Buy to Neutral. The change post-Li Auto’s Q2 earnings report was driven by the forecast of a decreasing sales volume for Q3.
In the wake of the recent U.S. trade court’s decision regarding AD/CVD – antidumping duty and countervailing duty, repercussions are expected on the horizon. With the Biden moratorium potentially signaling the AD/CVD’s nearing due date, Canadian Solar (CSIQ) could be staring at some vulnerable times. Conversely, this might turn out to be a silver lining for First Solar (FSLR).
Meanwhile in a separate announcement on the General Motors corporate blog, Senior Vice President and President, North America, Duncan Aldred, hinted at a historic moment for the industry. He revealed, ‘U.S. electric vehicle sales likely reached an unprecedented monthly high in August, spurred by customers looking to take full advantage of the expiring Federal EV tax credits.’
Continuing his revelation, Aldred stated that this ferment translated into a striking performance for General Motors, with more than 21,000 EVs finding customers from their Chevrolet, Cadillac, and GMC brands.
Keeping in line with the observed momentum, Aldred predicted that the next month, September, would likely continue to see a robust demand in line with the soaring enthusiasm for electric vehicles.
In summary, the ‘Charged’ brief by The Fly acts as an important glance at the evolving landscape of electric vehicles and renewable energy sector. Covering market highs and lows as well as future opportunities, it provides an almost panoramic view of the industry as needed by traders and investors alike.
Thus, in the throes of ever-evolving market dynamics and disruptive competitors, The Fly stands as a consistent navigator, bringing comprehensive, valuable, and timely information to those keen on staying ahead in the electric vehicle and renewable energy sectors.
