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Automakers

Chinese brands seize record 11% BEV share in Europe

MG EV nose view light blue Arc 2024 Bloomberg
SAIC Motor led the surge in EV registrations, shipping its full-electric MG4 hatchback (shown) to dealers in volume, according to analysts at market researcher Dataforce. (BLOOMBERG)
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By:
Bloomberg
July 30, 2024 07:03 AM

Chinese brands captured 11 percent 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.

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