BYD took the global EV crown. Now Chinese rivals and local startups are taking over emerging markets.
- Tesla’s sales are dropping globally, with political headwinds and fierce EV rivals throwing up challenges.
- New frontiers beckon, but Tesla faces a showdown with savvy local and Chinese competitors vying for dominance.
- Pricing battles and rapid innovation are putting Tesla to the test, demanding a strategic jolt to regain its edge.
What I’ve been seeing around here (England) is a major proliferation of Kias and Hyundais. Occasionally I’ll see an electric Mustang or Jaguar.
Yep. Feel like I see more Ioniqs than anything else, although things are gradually diversifying.