By Alessandro Parodi

(Reuters) -Chinese EV maker BYD sold three times as many new cars in the European Union last month than in August 2024, surpassing U.S. competitor Tesla for the second consecutive month, data from the European auto lobby ACEA showed on Thursday.

Stellantis returned to sales growth in Europe for the first time in over a year, as the overall market expanded with a boost from plug-in hybrid (PHEV) and battery-electric (BEV) sales.

WHY IT’S IMPORTANT

Europe’s battered car industry faces challenges including U.S. import tariffs, competition from China and difficulties in profitably meeting domestic regulations for EV adoption.

Carmakers have ramped up PHEV sales to comply with emission standards with more affordable and more profitable cars than pure EVs. Chinese brand

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