BYD Overtakes Tesla In UK After Elon Musk-Led EV Maker's New Vehicle Registrations Drop In January

Quick Summary:

Chinese EV giant BYD Co.(OTC:BYDDY) overtook its American counterpart Tesla Inc.(NASDAQ:TSLA) in new vehicle registrations in January in the UK, according to recent industry data.

What Happened: According to data from the Society of Motor Manufacturers and Traders (SMMT), Tesla had 1,458 registrations in January, down from the 1,581 registered in the corresponding month of 2024.

However, unlike Tesla which makes only battery electric vehicles, BYD also makes plug-in hybrids.BYD Vs.

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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United States

Topics: TSLA News EVs BYDDY US88160R1014 Benzinga Electric vehicles Mobility Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-06 @ 08:46:51 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 397 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 25922652

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