BYD Pulls Ahead of Tesla in UK, Closes Sales Gap in Germany

BYD Co. is building a lead over Tesla Inc. in the UK and is now neck-and-neck with the Elon Musk-led company in Germany, two of Europe’s biggest markets for plug-in cars.

In the UK, the Chinese manufacturer registered almost seven times more new cars than its American counterpart last month, the country’s automotive trade group said Wednesday. Year-to-date, BYD’s sales have soared more than sixfold, while Tesla’s have slipped 4.5%.