Chinese EV sales surge to new high in Europe putting tariffs under scrutiny
Imports this year now account for 14% of the market amid claims vehicles are being dumped in the EU and UK Chinese electric car sales
Imports this year now account for 14% of the market amid claims vehicles are being dumped in the EU and UK Chinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy. Against a backdrop of claims that Chinese carmakers are “dumping” state-subsidised vehicles in the EU and UK to gain market share, the figures will give impetus to calls for quotas and higher tariffs to protect European manufacturers. Continue reading...
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