CHINESE brands captured 11 per cent 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, reports Caixin.
SAIC Motor Corp led the charge, shipping its MG4 hatchback to dealers in volume, according to analysts at researcher Dataforce, which compiled the figures. Cars registered before July 5 could be sold on to customers without the added duties on imported EVs.
chinese brands registered more than 23,000 battery-electric vehicles across the region during the month, the most ever, Dataforce figures show.
Their 72 per cent sequential jump from May was twice the gain in overall European EV registrations for June. Chinese-made imports from Western manufacturers including Volvo Car AB, BMW AG and Tesla Inc. are also subject to the new duties.
Whether the volume gains can be sustained will be closely watched in the coming months as the EU tariffs take hold. The EU's provisional charges subject SAIC to an additional 38 per cent charge, while BYD will pay an extra 17 per cent on the existing 10 per cent customs duty.
SeaNews Turkey
SAIC Motor Corp led the charge, shipping its MG4 hatchback to dealers in volume, according to analysts at researcher Dataforce, which compiled the figures. Cars registered before July 5 could be sold on to customers without the added duties on imported EVs.
chinese brands registered more than 23,000 battery-electric vehicles across the region during the month, the most ever, Dataforce figures show.
Their 72 per cent sequential jump from May was twice the gain in overall European EV registrations for June. Chinese-made imports from Western manufacturers including Volvo Car AB, BMW AG and Tesla Inc. are also subject to the new duties.
Whether the volume gains can be sustained will be closely watched in the coming months as the EU tariffs take hold. The EU's provisional charges subject SAIC to an additional 38 per cent charge, while BYD will pay an extra 17 per cent on the existing 10 per cent customs duty.
SeaNews Turkey
