By Paul Homewood
Chinese carmaking giant BYD Co. will start selling vehicles this quarter in the UK, where electric cars are seizing a growing share of the market. BYD already outsold Tesla in 2022.
Chinese carmaking giant BYD Co. will start selling vehicles this quarter in the UK, where electric cars are seizing a growing share of the market.
The automaker backed by Warren Buffett’s Berkshire Hathaway Inc. has appointed four UK dealer partners in Pendragon Plc, Arnold Clark Automobiles Ltd., Lookers Motor Group Ltd. and LSH Auto Holdings, according to an emailed statement. BYD’s debut model will be the Atto 3 sport utility vehicle, and it will announce more dealer partners and pricing in the coming weeks.
While the UK remains one of Europe’s biggest car markets, automakers have struggled to revive sales since the start of the pandemic, with registrations slumping to a 30-year low in 2022. EVs…
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