Rail freight operators could win big from a surge of Chinese electric vehicles into Europe, with Shenzhen-based BYD outselling Tesla in the market for the first time.
Figures from Jato Dynamics for April show a 359% year-on-year leap in BYD’s Europe sales, as it registered some 7,231 new vehicles over the period to surpass Tesla, which has led the EV market in Europe for years.
Investment projects, cooperation, trends and forecasts of industry infrastructure in the Eurasian region
The Eurasian landbridge has contributed to increased sustainable connectivity between the EU and China during the decade of the 2010s. Felicitously, this market-driven development preceded, and also complemented, major foreign economic policy announcements by China and the EU and reinforces their goal of increased connectivity. The resulting connectivity is likely to survive any bilateral political debacles because the economic foundation is strong
