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China-made vehicles will comprise a quarter of Europe's EV sales this year, study shows
The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to T&E research.
The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to the T&E research, as Chinese brands such as BYD ramp up their global expansion. The findings come as the European Commission probes subsidies given to electric vehicle makers in China to determine if they unfairly undercut local companies. According to Tu Le, founder of Sino Auto Insights, incentives put in place in China in the early 2010s led to a surge in startups and increased battery cell capacity in the country, paving the way for affordable EVs.
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