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.
The Upply x Ti x IRU European road freight rates index shows that Q1 2025 contract rates fell by 2.3 points quarter on quarter (q-o-q)
