The latest EV registration data from Europe reveals that the China-made models are already approaching one-fifth of the entire EV segment.
From the local automotive industry perspective, this worrying sign is amplified by a general sales weakening. We seem to have a clear answer behind the incoming tariffs for China-made electric cars. Get Fully Charged Europe defends its industry European EV sales weakened recently, and there is no easy way to change that without developing more affordable models. The ones from China are selling relatively well, but this is not a healthy solution long-term and will be limited.
The report noted that in May, new registrations of China-made all-electric cars increased by 25% year-over-year to almost 28,000 units, taking about 18.5% share in the EV segment, up from 13.2% a year earlier. A 25% increase compared to an 11% overall decline shows that China is expanding fast. Meanwhile, registrations of EVs manufactured outside of China decreased by 16% year over year.
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