Chinese automakers held 34% of Europe's plug-in hybrid deliveries in June
Chinese automakers, including BYD and Chery, secured a record 34% of Europe's plug-in hybrid vehicle deliveries in June. Chinese brands also represented 11% of all new car sales in Europe.
Chinese automakers, such as BYD and Chery, captured a record 34% of all plug-in hybrid vehicle deliveries in Europe during June, according to data from Dataforce.
During the same month, Chinese brands accounted for 11% of total new car sales in Europe. Their share of battery-electric vehicle deliveries reached 15%.
The 34% figure specifically pertains to plug-in hybrid vehicles, which combine an electric battery with a gasoline engine. This notable market share highlights the growing presence of Chinese automotive manufacturers in the European market.
The increasing share of Chinese brands in a key segment of the European automotive industry, particularly in electrified vehicles, indicates a shift in market dynamics and poses new competitive challenges for established European automakers.