Saturday, September 21, 2024

Imports of Chinese cars are plummeting in Europe

Imports of cars from China have fallen significantly recently, according to the Chinese's own figures.

Just over 75,600 electric cars from China came to Europe in January and February 2024. And that is quite a significant drop.

This is shown by the figures from the Chinese customs authorities. In fact, this is a drop of as much as 20 percent.

That's whatAutomotive News writes.

Now figures from the Chinese dictatorship must generally be taken with a grain of salt, but several international and recognized media consider the figures valid.

READ ALSO: Denmark's most popular car seized at 105 km/h

The falling exports to Europe in particular can be seen as an expression that the Chinese fear the import duties, which are expected to have retroactive effect, as the EU has already announced.

On the other hand, a media such as the Financial Times predicts that Chinese electric cars will already occupy 25 percent of the European market this year.

At home, however, the Chinese brands are generally far behind in the statistics. In fact, only one Chinese brand – namely Volvo – is in the top 15 list of best-selling cars.

We will not find a Chinese brand again, because BYD – which previously lived by sending shameless copies of e.g. Mercedes and BMW on the street – ticking into 20th place with 1.4 percent of the market in the first 2 months of 2024. This corresponds to 272 cars.

But even if the Chinese have not really been successful with private motorists, it seems to be going better with persuading the public sector. Thus, several municipalities have chosen for home care to be in Chinese already this year. Read more about it here .

Read more exciting news from and about the automotive industry right here!

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