Chinese EV sales surge to new high in Europe putting tariffs under scrutiny
- Chinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy.
- Against a backdrop of claims that Chinese carmakers are “dumping” state-subsidised vehicles in the EU and UK to gain market share, the figures will give impetus to calls for quotas and higher tariffs to protect European manufacturers.
- The share of electric cars sold by Chinese brands rose to 14.2% across western European markets – or one in every seven battery electric vehicles (BEVs) – in the first five months of this year, according to Schmidt A
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- Chinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy.
- Against a backdrop of claims that Chinese carmakers are “dumping” state-subsidised vehicles in the EU and UK to gain market share, the figures will give impetus to calls for quotas and higher tariffs to protect European manufacturers.
- The share of electric cars sold by Chinese brands rose to 14.2% across western European markets – or one in every seven battery electric vehicles (BEVs) – in the first five months of this year, according to Schmidt A
Sources: Guardian