Chinese electrical vehicles: market share in Germany is growing sharply | EUROtoday

On Apr 13, 2024

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DThe market share of electrical vehicles from China in Germany rose to 10 % within the first three months of the yr. This is proven by an analysis by the consulting agency EY, which is out there solely to WELT AM SONNTAG.

In the comparable interval final yr, automotive manufacturers with Chinese house owners nonetheless had a market share of seven %.

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While different automotive producers' electrical gross sales shrank, the Chinese had been in a position to enhance their gross sales. “Chinese companies are currently trying to push their products onto the market,” mentioned EY associate Jan Sieper.

With “serious products and a focus on software” they put established producers below strain. Overall, in line with EY estimates, the electrical share of recent registrations in Germany will fall this yr.

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https://www.welt.de/wirtschaft/article251011668/Chinesische-E-Autos-Marktanteil-in-Deutschland-legt-stark-zu.html