In June, Chinese brands captured 11% of the European electric vehicle market, recording a record number of registrations. Bloomberg reports this.
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According to analysts from research company Dataforce, China's SAIC Motor Corp. is leading in the number of new registrations.
In total, Chinese brands registered more than 23,000 electric vehicles across the region during the month, which is the highest figure ever.
Their sequential jump of 72% was double the overall increase in European electric vehicle registrations in June.
Whether the growth in volumes can be maintained will be the subject of close monitoring in the coming months, as additional EU tariffs on cars from China will take effect.
The EU tariffs impose an additional 38% levy on SAIC, while BYD will pay an additional 17% on top of the existing 10% tariff.
Car makers are rushing to roll out electric vehicle production in Europe to avoid new tariffs, while tensions between Beijing and Brussels risk escalating into a trade war.
MG and BYD show strong growth in Europe
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