Tesla maintained its leadership position in delivering the most all-electric cars globally, despite a 5% decline in sales. However, BYD's significant 21% year-over-year growth in Q2 poses a threat to Tesla's dominance.
Volkswagen Group faces challenges in increasing EV sales, lagging behind Chinese competitors Geely-Volvo and SAIC. The competition in the all-electric car market intensifies as BYD closes the gap on Tesla, setting the stage for a showdown in Q4.
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