Registrations of Chinese-made electric vehicles in Europe jumped 23 per cent between January and April compared to a year before, despite the looming threat of higher tariffs on battery-run car imports from the country.
A total 119,300 Chinese-made EVs were registered in western Europe including the UK in the first four months of 2024, accounting for one in five electric vehicles imported into the region, according to Schmidt Automotive Research, which analyses battery-run car sales in Europe.
“[Carmakers] keep churning out vehicles from China as it gives the best opportunity to make a profit on an electrical vehicle at the moment,” said Matthias Schmidt, founder of the data analysis firm.