EU EV sales surge 63% in August as BYD grows 129%, ICE sales drop 24%

EU new-car registrations show a sharp shift to electric vehicles in August, with EV sales up ~63% year-on-year while gasoline and diesel sales fell ~24%. BYD's 129% growth and two manufacturers tripling sales indicate accelerating EV adoption, likely driven by policy and model availability. This signals a structural shift in European auto demand with implications for energy and trade flows.