Hyperdrive
Chinese Carmakers Sell Fewest EVs in Europe in 18 Months
- MG leads decline with 65% drop and loses top spot to BYD
- Provisional EU tariffs feed uncertainty, with talks ongoing
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Chinese manufacturers sold the fewest electric cars in 18 months to customers across Europe, with registrations falling by nearly half in August from a year earlier.
The 48% drop led to the second straight month of declining share for Chinese brands, based on figures provided by researcher Dataforce. MG, the British nameplate that’s now part of SAIC Motor Corp., lost its top spot across Europe to Chinese rival BYD Co., according to Jato Dynamics, which also tracks the automotive market.