European Auto Market Trends: BYD Records Triple-Digit Growth (heise.de)

• EU auto market grew by 4% in Q1 2026.
• Electric vehicles continue to secure market share.
• BYD registrations surged by nearly 170%.

"The European Union automotive market expanded by 4 percent in Q1 2026, with electric vehicles capturing a larger share of new registrations. Chinese manufacturer BYD reported a substantial 170 percent increase in sales, highlighting the aggressive expansion of non-EU players in the continental market. This shift poses a strategic challenge for European industrial resilience and local automotive manufacturing competitiveness."