Share this @internewscast.com

China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, with the country’s share increasing by over 5% from a year earlier, according to a new policy analysis. 

About 19.5% of battery-powered EVs sold in the E.U. last year were from China, with close to a third of the sales in France and Spain constituting EVs shipped from the Asian country, the European Federation for Transport and Environment (T&E) reported in a paper shared Wednesday. 

The share of made-in-China vehicles in the region is expected to rise to just over 25% in 2024, according to the T&E research, as Chinese brands such as BYD ramp up their global expansion. 

While most EVs sold in the EU are from Western brands such as Tesla, which manufactures and ships EVs from China, Chinese brands alone are set to account for 11% of the region’s market in 2024. That share could reach 20% by 2027, T&E predicted. 

The findings come as the European Commission probes subsidies given to electric vehicle makers in China to determine if they unfairly undercut local companies. Non-Chinese brands that ship from China, such as Tesla and BMW, could be included in the ongoing subsidy investigation. 

According to Tu Le, founder of Sino Auto Insights, incentives put in place in China in the early 2010s led to a surge in startups and increased battery cell capacity in the country, paving the way for affordable EVs.

“The E.U. and the U.S. are so far behind because they don’t have quality EVs at affordable prices because the legacy automakers have only really recently focused on designing and engineering them,” he added.

Share this @internewscast.com
You May Also Like
US forces stop 2nd merchant vessel off coast of Venezuela, American officials say; President Trump ramps up pressure on Maduro

US Forces Intercept Second Merchant Vessel Near Venezuelan Coast, Officials Report; President Trump Intensifies Pressure on Maduro

In a significant development off the coast of Venezuela, U.S. forces intercepted…
Blue Origin safely launches wheelchair user to space and back

Historic Blue Origin Mission: First Wheelchair User Successfully Travels to Space and Returns

In a remarkable achievement for space travel and inclusivity, Blue Origin, led…
Blue Origin launch: Paraplegic engineer Michaela Benthaus becomes first wheelchair user to blast into space

Groundbreaking Space Journey: Paraplegic Engineer Michaela Benthaus Makes History as First Wheelchair User in Space

A remarkable journey unfolded on Saturday as Michaela Benthaus, a paraplegic engineer…
After firing Steve Wilks, Aaron Glenn needs to get next DC hire right

Aaron Glenn Faces Crucial Decision: Finding the Right Defensive Coordinator After Steve Wilks’ Departure

Jets head coach Aaron Glenn is proactively searching for a new defensive…
LA deputies caught on camera racing into foggy ocean to rescue disoriented paragliders

Los Angeles Deputies Heroically Dive into Foggy Waters to Rescue Stranded Paragliders

Two Los Angeles County sheriff’s deputies heroically saved two paragliders from a…
Former Australian minister says ‘radical Islam pulled the trigger’ in nation's worst terror attack

Ex-Australian Minister Claims ‘Radical Islam’ Behind Nation’s Deadliest Terror Attack

EXCLUSIVE: A former Australian government minister has attributed the country’s deadliest terrorist…
US envoy Witkoff says high-level Miami talks focused on 'unified Gazan authority' as Israel ceasefire advances

US Envoy Witkoff Highlights Miami Discussions on Establishing a ‘Unified Gazan Authority’ Amid Progress in Israel Ceasefire

Efforts to advance the second phase of the Gaza ceasefire plan are…
Gun jams as shoplifting suspect tries to shoot Ohio police officer at point-blank range in wild bodycam video

Ohio Shoplifting Suspect’s Gun Malfunction Saves Officer in Intense Bodycam Footage

A heart-stopping video has emerged, capturing the tense moment when a shoplifting…
Jake Paul fight: Anthony Joshua knocks out YouTuber in 6th round to win heavyweight bout

Anthony Joshua Defeats Jake Paul with Sixth-Round Knockout in Heavyweight Showdown

MIAMI — In a thrilling showdown on Friday night, Anthony Joshua delivered…
RICHARD JOHNSON: Meghan Markle afraid to visit ailing father due to paparazzi

Meghan Markle Reluctant to Visit Ill Father Amidst Paparazzi Concerns, Reports Suggest

Meghan Markle, the Duchess of Sussex, wishes to see her father, who…
San Francisco power outage puts 130,000 in the dark, as self-driving car service stops vehicles in the street

Massive San Francisco Power Outage Leaves 130,000 Residents in Darkness, Halts Self-Driving Car Services

A significant power outage swept across vast areas of San Francisco on…
NYCHA must be central to Mamdani housing plan

Transforming NYC Housing: Why NYCHA is Key to Mamdani’s Visionary Plan

For a glimpse into New York’s housing outlook, it’s crucial to consider…