Reported 3 days ago
Chinese electric vehicles now represent nearly 10% of new car sales in Norway, reflecting a significant rise from just 4.1% in 2021. This growth occurs amidst Norway's leadership in electric vehicle adoption, contrasting with the EU's new import tariffs on Chinese EVs. Chinese brands like MG, BYD, and XPeng have increased their market share due to Norway's lack of tariffs on Chinese imports, despite concerns from Western automakers about competition posed by these cheaper vehicles.
Source: YAHOO