EV sales by Chinese carmakers BYD, SAIC in Europe lowest since Feb 2023

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EV sales by Chinese carmakers BYD, SAIC in Europe lowest since Feb 2023 - Business Standard

Quick Summary:

Dataforce’s market figures cover all EU and EFTA countries plus the UK, but exclude Hungary and Slovakia for August, as those markets hadn’t published monthly data at the time the numbers were compiled.

Bloomberg News reported on Friday that China’s Chery Automobile Co.has pushed back a goal to start building EVs at a plant it’s taken over in Spain by one year to October 2025, as the company weighs the amount of work to be carried out at the Barcelona site.

Among Western brands, BMW, Mercedes-Benz Group and Renault all saw declines of 50% or more in August registrations across the region, according to Jato.