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.
Global trade poised for a record-breaking 2025
The Eurasian railway route is undergoing a fundamental transformation associated with the replacement of lost transit volumes with cargo moving via the China-EAEU-China route. The reorientation of Russia’s trade and economic relations towards the East provides opportunities for the development of the route in this direction.
