Chinese firms win record 11% EV share in Europe as buyers rush to beat tariffs

Chinese firms win record 11% EV share in Europe as buyers rush to beat tariffs

State-owned SAIC, parent of the British brand MG, was responsible for biggest jump in sales in June

Business live – latest updates

Chinese carmakers secured a record 11% of the European electric vehicle market in June, as buyers raced to beat EU tariffs on imported EVs that came into force this month.

The figures, which include the UK, show that about 23,000 battery electric vehicles were registered in June, up 72% on the previous month as consumers raced to beat the price hike in the EU.

Continue reading…

Please follow and like us:
Pin Share