Reported 3 days ago
Data reveals that even as car registrations in Europe fell by 4.4% in June 2025, Chinese automakers significantly increased their market share to 5.1%, just below Mercedes-Benz. This surge, driven by firms like BYD and Xpeng, represents a 91% rise in registrations, challenging the dominance of established European brands and intensifying trade tensions between China and the EU over tariffs on electric vehicles.
Source: YAHOO