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Chinese-made EVs set to take 25% of European market this year

EU car manufacturers warn that a wave of cheaper models from China will undercut those produced by local companies

A quarter of electric vehicles sold in the EU this year will be made in China, as the country’s new entrants continue to take sales from local rivals, according to analysis from policy group Transport & Environment. 

About 19.5 per cent of battery cars sold in the bloc last year were manufactured in China, according to the company’s research, owing to rising European sales of Chinese-owned brands such as MG and BYD and factors such as US group Tesla using its Shanghai factory to supply parts of the European market.

That percentage will rise to 25.3 per cent in 2024, according to T&E, as Chinese domestic manufacturers continue to take market share from established European brands across the continent.

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