BYD, Chery, Leapmotor registrations surge in EU as EV transition accelerates

Industry Impact 4
โดย Seeking Alpha·Read original
Summary · why it matters

Chinese automakers BYD, Chery, and Leapmotor posted triple-digit registration gains in the European Union during the first half of 2026, as battery-electric vehicle registrations across the bloc jumped 40.5% year-on-year to 1.22 million units and claimed a 20.7% market share. BYD registrations surged 168.2% to 130,743 units, Chery jumped 268.7% to 84,987 units, and Leapmotor posted a more than fivefold increase of 526.7% to 48,261 units, while SAIC Motor rose 19.1% to 127,585 units. Tesla also strengthened its position with a 75.4% rise to 124,242 units. In contrast, legacy automakers lost ground, with Ford registrations falling 20.2% to 132,780 units, Nissan down 5.3% to 106,833 units, and Renault Group declining 4.2% to 620,250 units. Overall EU new car registrations rose 5.7% year-on-year, while the combined share of petrol and diesel vehicles fell to 29.7% from 37.8% a year earlier.

Impact on stocks 9

Electrification & Mobility± Mixed · 5 stocks
Chery Automobile Co Ltd
9973
▲ PositiveDemandrelevance

Chery registrations jumped 268.7% to 84,987 units, indicating rapid EU market growth.

Ford Motor Company
F
▼ NegativeDemandrelevance

Ford registrations fell 20.2% in EU, losing market share to Chinese EV makers.

Tesla Inc
TSLA
▲ PositiveDemandrelevance

Tesla registrations rose 75.4% to 124,242 units, benefiting from EV transition.

Nissan Motor Co., Ltd.
7201
▼ NegativeDemandrelevance

Nissan registrations fell 5.3% to 106,833 units, showing declining demand for its vehicles in EU.

Consumer Discretionary▼ · 1 stocks
Renault SA
RNO
▼ NegativeDemandrelevance

Renault Group registrations declined 4.2% to 620,250 units, indicating weakening demand.

Defense & Geopolitical Fragmentation▲ · 1 stocks
Others▲ · 2 stocks
SAIC Motor Corp Ltd
600104
▲ PositiveDemandrelevance

SAIC Motor registrations rose 19.1% to 127,585 units, benefiting from EV adoption.

BYD Co Ltd Class A
002594
▲ PositiveDemandrelevance

BYD registrations surged 168.2% to 130,743 units in EU, indicating strong end-customer demand.

Theme Impact 2

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