Tesla's European Sales Slump: French Market Hits 4-Year Low Amid Growing Competition
• 1 min read
Tesla faces significant challenges in European markets as French sales plummet 41.1% in Q1 2024, marking their lowest point since 2021. Chinese EV makers gain market share while Tesla grapples with aging products, increased competition, and brand reputation issues.
BYD Expands into Home Energy Storage with Advanced Battery-Box HVE System
• 1 min read
Chinese tech giant BYD debuts its first residential energy storage solution with modular Battery-Box HVE system, offering capacities up to 70.92 kWh. The system features flexible configurations, high efficiency inverters, and a 15-year warranty for the European market.