Chinese electric vehicle manufacturers are gaining momentum in Portugal, with BYD emerging as one of the fastest-growing brands as the Portuguese automotive market undergoes a profound shift toward electrification.

According to figures recently released by the Portuguese Automobile Association (ACAP), BYD led Portugal's electric vehicle market in November, with 645 units registered, representing an annual increase of 119.4%.

Tesla, on the other hand, registered 425 units in November, marking a sharp annual decline of 46.9%, as intensifying competition, price volatility, and the rapid entry of Chinese brands reshaped consumer choices.

Although Tesla remains the leader in terms of cumulative registrations in Portugal for the year, analysts say the narrowing gap with fast-growing Chinese brands signals a deeper transformation of the market.

(Source: CGTN, on January 5)