The share of Chinese electric cars in Europe drops to the lowest level in two years

Chinese car manufacturers were unable to take advantage of European demand for electric cars last month, as more firm manufacturers such as Volkswagen acquired most of the sales increase. The decline in the part of Chinese cars in Europe represents electric cars manufactured by Chinese companies, only 6.9% of the total cars registered in the region during February, according to data from “Dataforce” for Motor Research. This represents a significant decrease compared to 7.8% registered in January, which is the lowest level since February 2023. The car manufacturers, led by “Byd” and “Mg” (MG) of “SAIC car”, work to convert the region into a center of export, but it faces an obstacle when the European Union has imposed the customs duty on Chinese -variable electric cars over the past year. The commercial barriers have caused the stability of the Chinese market share after years of rapid growth. While certain companies such as BYD and XPEG recorded a strong growth in Europe last month, the total result of the Chinese automotive industry in the region shows a decline. The electric car market jumped 26% in February, according to the data released by the European Car Manufacturers Association this week. Customs imposed by the European Union are part of a global environment in protectionism. During the current week, US President Donald Trump imposed customs duties with 25% on imported cars and basic parts, which threatened Canada and the European Union with more measures. The United States has already imposed high customs duties on Chinese electric cars. China imposed a tax tax on the European brandy and launched investigations into dairy and pork products. It also imposed additional customs duties on some agricultural imports from the United States. European demand for electric cars in Europe, the demand for electric cars this year received a group of manufacturers’ incentives aimed at reaching the organizational targets for electric car sales, in addition to the presentation of new models, especially the “Volkswagen” (ID.7 “,” Renault “(R5”, and “KIA” (EV3), according to Julian Litzinger. 45% can reach, including current import fees, hindered Chinese car manufacturers. Union is imposed, 27%, including 10%standard importing fee. Over the past year, the largest Chinese company that manufactures electric cars has strengthened its position at the top of the European market, while MG has endured most of the decline. Increased byd sales in Europe The byd -electrical cars in Europe, the United Kingdom and European Free Trade Zone have recorded an increase as it reached 4,436 cars in February compared to the previous year, according to data issued by Jato Dynamics, which specializes in analyzing and providing car sales data. Gato chief analyst Felipe Montes said that one of the main reasons for the success of “bed” is the wide collection that covers the most important and luxurious categories. “This explains why he managed to raise its sales in both the richer Northern Europe and its less rich south.” The BYD business introduces the compact and general and popular sports car in all parts of Europe, which the region offers a new model. China fared better than ‘Tesla’ in Europe. Monuz said sales of Chinese brands achieved sales of “Tesla” in European markets, including Germany and Italy, during February. This can be partly attributed to the Statute of the collapse of the US car manufacturer. “We have to wait a few months until the updated (Y) model throughout the region is available to better understand the situation,” he said.