China EVs Recover in Europe to Pre-Tariff Market Share Level

Chinese automakers surpassed a 10 per cent share of Europe's electric vehicle (EV) market in June, marking a full comeback from tariffs set in place in 2024 by the European Union.

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LONDON -

Manufacturers led by BYD captured 10.6 per cent of all EV registrations in the region, based on figures from industry researcher Dataforce. That was the highest since the record 11.1 per cent in June 2024, when carmakers rushed Chinese-built EVs into the bloc to beat EU duties imposed to counter state aid.

On an absolute basis, Chinese automakers sold a record number of EVs in the EU, UK and European Free Trade Association countries that include Norway and Switzerland in June, Dataforce said. Still, their overall position in Europe remains a modest one.

"In the electric car market, European protectionism worked," said Mr Julian Litzinger, an analyst at Dataforce.