Hyperdrive

Chinese EVs Nab Record 11% Share in Europe Ahead of Tariffs

  • SAIC fills dealer lots with MG4 model to beat duty deadline
  • BYD gains customer traction with Euro 2024 marketing push
An MG4 electric vehicle.Photographer: Brent Lewin/Bloomberg
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Chinese brands captured 11% of the European electric-car market in June, notching record registrations as manufacturers raced to beat stiff European Union tariffs that took effect early this month.

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