EVs from China conquer 19% of the EU market
05-07-2024 15:00
In its latest annual report, JATO Dynamics states that electric vehicles imported from China now make up 19% of the European EV market – up from just 13% the year before.
Having said that, the EV sales volume dropped by 11% in the region in May 2024 compared to the same month of 2023.
This sheds some light on the reasoning behind the European Commission’s recent decision to impose extra tariffs on China-imported EVs.
Editor Andrew Raspopov
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