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Story summary
- Chinese brands held 14.2% of European EV sales in 2026, 171,800 units, five points up from 2025.
- Despite EU duties up to 35.3% plus a 10% tariff, Chinese BEV sales rose, with Leapmotor’s T03 sold in Italy for €5,000 subsidies.
- Matthias Schmidt said Chinese BEV share may have peaked, expecting a shift to plug-in hybrids.
- Volkswagen CEO Oliver Blume said PHEVs lag Chinese rivals, warning the EU may extend tariffs.
