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Chinese EVs surge as BYD, Chery cut EU automaker share

By Drooid · · How we work

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Story summary
  • BYD and Chery expanded European sales in August, cutting traditional manufacturers' market share.
  • Volkswagen, BMW and Mercedes-Benz groups fell from 41.3% to 39.1% of European Union passenger-car registrations.
  • Combined share of Renault, Stellantis and other European makers dropped to 49.8%.
  • Chinese EV registrations rose to 11.3% in August, nearly double a year earlier.
  • European Union battery-electric vehicle registrations jumped 62.7% YoY, reaching 27.7% of new car sales.
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