Alarm bells sound in Brussels as EU sales of Chinese hybrid cars rocket
EU officials are considering quotas or tariffs as Chinese hybrid sales reached 160,662 units in the first seven months, industry data showed.
5 Articles
5 Articles
The combined market share of Europe's three major domestic automakers—Volkswagen Group, Stellantis Group, and Renault Group—has fallen to the 40% range. This is the result of Chinese automakers rapidly filling the void left by the sharp rise in demand for eco-friendly vehicles, such as electric cars, as sales of internal combustion engine vehicles (gasoline and diesel) have declined. There are even forecasts that China's market share in Europe, …
Volkswagen benefited from €1.5bn in German EV subsidies as it lobbies EU to hit Chinese cars harder
The EU imposed tariffs on Chinese electric cars in 2024. Today, Beijing's hybrid cars are making record sales in Europe amid fresh German calls to extend the tariffs.
Chinese EVs ramp up European presence, eye long-term growth
Chinese automotive brands have hit a record 12% share of Europe’s new car market in August, according to data from market research firm Dataforce. Even in Germany, Europe’s largest auto market, their market share has climbed to 6.4%, as Chinese-made vehicles become an increasingly common sight on local streets.
Chinese marques in driving seat as high petrol prices accelerate EU shift to electric cars
Chinese carmakers have gained ground in Europe’s shift to electric cars, emerging as the biggest winners in plug-in hybrids despite moves by Brussels to curb their expansion. As petrol prices climbed across the EU, hitting a record high of more than €2.30 a litre (US$9.91 a US gallon) in Germany this month, the move to [...]
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