China saw its electric vehicle sales in Europe jump by 23% over the first four months of the year despite efforts by the EU to protect local manufacturers.
Sales of China -made electric cars in Europe went up by 23% over the first four months of the year despite efforts by EU authorities to set up barriers for these imports in a bid to protect local manufacturers. Some 119,300 electric cars manufactured in China were registered in Western Europe , including the UK, between January and April this year, the Financial Times reported, citing data compiled by Schmidt Automotive Research.
The surge in Chinese EV exports to Europe had local authorities worried about the competitiveness of local carmakers who have yet to figure out how to make their EVs both reliable and cheap. To prevent any adverse effects from the Chinese imports, Brussels launched an investigation into the Chinese EV industry alleging unfair subsidies. That investigation led to a 19% decline in Chinese EV exports to the EU over the first two months of the year, data showed in March.
EV Sales Europe Cars Electric Cars Imports Regulation
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