Chinese brands accounted for 9.9 per cent of EV registrations in Europe, down from 10.2 per cent in July 2023.
- Chinese automakers registered fewer electric vehicles across Europe in July, as new tariffs amplified the impact of a broader slump in EV sales.
The provisional levies have stoked trade tensions and led to retaliatory probes - China on Aug 30 said it found evidence of the dumping of brandy from the EU, though it held off on imposing tariffs for now. The EU’s duties on EVs are set to be made permanent in November, pending the outcome of trade talks between Brussels and Beijing.
In all, Chinese firms registered fewer than 14,000 EVs across Europe in July, down from more than 23,000 in June, and a 9.7 per cent decline from July 2023, according to Dataforce. Polestar, the Swedish EV maker partly owned by Chinese billionaire Li Shufu, isn’t counted among Chinese brands by Jato, though Dataforce includes it in its market calculations. The company has begun producing its Polestar 3 in the United States, while Xpeng, Volkswagen’s Chinese partner, told Bloomberg News this month that it’s seeking a European manufacturing site.
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