Wire flash
BYD and peers account for nearly 12% of new car sales in Europe in August, with higher shares in hybrids and plug-ins
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
According to data from Dataforce, Chinese brands including BYD captured nearly 12% of total new car sales in the European market in August. These brands accounted for a quarter of all hybrid vehicle sales and one-third of plug-in hybrid vehicle sales. Overall demand for battery electric and hybrid vehicles rose by 27% in August, offsetting a decline in demand for gasoline-powered cars. The overall European auto market grew by 4.6% in August, driven by the increase in electric vehicle sales. The data highlights the growing penetration of Chinese automakers in Europe's electrified vehicle segment.
Source report
According to Dataforce, Chinese brands including BYD accounted for nearly 12% of total new car sales in the European market in August.
These brands captured:
- One-quarter of all hybrid vehicle sales
- One-third of plug-in hybrid vehicle sales
Demand for battery electric and hybrid vehicles rose by 27% in August, offsetting the decline in demand for petrol and diesel vehicles. Driven by the growth in electric vehicles, the overall market increased by 4.6%.
Source
金十数据Neutral / independent
Part of this Story
Chinese auto brands hit record 11.7%–12% European market share in August 2024