Yahoo Finance·2025-12-24 14:15Group 1 - BYD's registrations in the European Union increased by 235.2% in November, reaching 16,158, while Tesla's registrations fell by 34.2% to 12,130 [1] - For the first 11 months of the year, BYD's registrations rose by 240% to 110,715, contrasting with Tesla's decline of 38.8% to the same figure [1] - BYD is the global sales leader in electric vehicles and holds a 25% market share in China, the largest EV market [2][3] Group 2 - BYD is expanding its presence in Europe by building assembly plants, with a potential factory in Spain being its third in the region, alongside existing plants in Hungary and Turkey [2] - The company is also targeting markets outside of China and Europe, including South America, where it has a factory in Brazil [3] - Currently, BYD is not selling vehicles in the United States due to a 100% tariff on Chinese EVs, which poses a challenge for its entry into that market [4][6]