China's BYD Dominates German Plug-in Hybrid Market, Disrupting Giants
Chinese automaker BYD has become the leader in Germany's plug-in hybrid market, with registrations surging 232% year-on-year. BYD now holds a significant share of Germany's new-car market.
One out of every seven plug-in hybrid vehicles registered in Germany in May came from BYD, as the Chinese carmaker’s registrations surged 232 per cent in Europe’s largest auto market from a year earlier. With 6,169 vehicles registered there in May, BYD held a 2.6 per cent share of Germany’s new-car registrations, according to data from the country’s Federal Motor Transport Authority. Of those, 4,290 were plug-in hybrids, led by the Atto 2 DM-i with 2,113 registrations – the top-selling plug-in.....