网易首页 > 网易号 > 正文 申请入驻

Chinese NEV Sales in Europe Decline in First Month After EU's New Tariffs

0
分享至

AsianFin--Chinese brands registered fewer than 14,000 electric vehicles (EVs) in Europe in July, a sharp decline from over 23,000 in June, a 9.7% decrease compared to the same period last year, according to Jato Dynamics. This comes as the EU imposed new tariffs on Chinese NEV imports last month.

Breaking down the numbers by brand, SAIC's MG brand experienced the largest decline. MG sold 5,330 electric vehicles in Europe in July, down 38% from the previous year. The brand's cumulative sales for the first seven months of 2024 reached 50,120 vehicles, a 13% year-on-year decrease. Despite the drop, MG remains the best-selling Chinese brand in Europe.

MG saw an even steeper month-on-month decline of 60% compared to June when it delivered over 13,000 electric vehicles to European dealers just before the tariffs took effect.

In contrast, BYD managed to buck the trend. The company sold 3,740 electric vehicles in Europe in July, doubling its sales compared to last year. Its cumulative sales for the first seven months of 2024 reached 20,750 vehicles, a 327% increase year-on-year. However, BYD still saw a 5.5% month-on-month decline from June.

Other Chinese brands record lower sales volumes in Europe.

Xpeng Motors delivered 578 vehicles in Europe in July, up 335% year-on-year, and its cumulative deliveries for the year grew 1,432% to 2,818 vehicles. Great Wall Motors sold 292 vehicles in Europe in July, a 9% decrease compared to last year, but its cumulative sales for the first seven months of 2024 reached 2,382 vehicles, up 77% year-on-year.

NIO registered 156 electric vehicles in Europe in July, a 54% year-on-year increase, and its cumulative registrations for the first seven months grew 5% to 1,000 vehicles. Geely's new energy brand Zeekr sold 111 electric vehicles in Europe in July, bringing its cumulative sales for the first seven months to 910 vehicles.

In total, Chinese NEV brands sold 10,558 vehicles in Europe in July, a 6% year-on-year decrease. However, cumulative sales for the first seven months of 2024 still showed a 21% year-on-year increase, reaching 80,946 vehicles.

Foreign analysts believe that many Chinese brands rushed to complete registration procedures before the tariff deadline, leading to a dip in July sales. In the long run, building local factories appears to be the only way for Chinese brands to establish a foothold in the European market.

BYD, for instance, is constructing factories in Hungary and Turkey, which will help the company avoid new tariffs once they come online. Additionally, BYD recently announced the acquisition of its German distributor, further signaling its commitment to the European market.

However, the decline in Chinese NEV sales in July is also linked to weaker demand for electric vehicles across Europe.

According to the European Automobile Manufacturers Association, new car sales in Europe saw a modest 0.2% increase in July 2024, with Italy and Spain leading the growth, while France and Germany experienced declines of 2.3% and 2.1%, respectively.

From January to July 2024, European new car sales grew by 3.9% to over 6.5 million vehicles. Spain, Italy, Germany, and France, the four largest markets, all recorded growth, with Spain leading the way with a 5.6% increase. The association also noted that this growth is based on a low baseline from last year.

Despite the overall growth in new car sales, electric vehicle performance remained lackluster.

In July 2024, sales of pure electric vehicles in Europe fell by 10.8% to 102,705 units, with market share dropping from 13.5% a year ago to 12.1%. Although countries like Belgium, the Netherlands, and France saw growth, it was not enough to offset the sharp decline in Germany, where pure electric vehicle sales dropped by 36.8%. For the year, Europe has sold a cumulative 815,399 pure electric vehicles, accounting for 12.5% of the total market.

Plug-in hybrid electric vehicles (PHEVs) also saw a decline, with sales dropping by 14.1% in July. Germany, however, posted a surprising 3.2% growth in this segment. Europe sold a total of 57,679 new PHEVs in July, accounting for 6.8% of the car market, down from 7.9% the previous year.

In contrast to the struggles of pure electric and plug-in hybrid vehicles, demand for hybrid electric vehicles (HEVs) continued to grow.

In July 2024, HEV sales in Europe increased by 25.7%, reaching 273,003 units. All four major markets saw growth—France was up 47.4%, Spain 31.5%, Germany 22.4%, and Italy 17.4%. This growth pushed HEV market share from 25.5% in July 2023 to 32% this year.

Based on the numbers, if we only consider pure electric and plug-in hybrid vehicles, Europe's NEV penetration rate in July was just 18.9%, far below China's rate of over 50%. This explains why European automakers are becoming more cautious about NEVs.

However, when hybrid electric vehicles are included, Europe's NEV penetration rate in July reaches 50.9%, putting it on par with China's.

This raises the question: as the world transitions to electrification, will the future be purely electric, or will hybrid electric vehicles play a leading role?

特别声明:以上内容(如有图片或视频亦包括在内)为自媒体平台“网易号”用户上传并发布,本平台仅提供信息存储服务。

Notice: The content above (including the pictures and videos if any) is uploaded and posted by a user of NetEase Hao, which is a social media platform and only provides information storage services.

相关推荐
热点推荐
来看看一位阿里P9+的年薪和资产。

来看看一位阿里P9+的年薪和资产。

纯洁的微笑
2024-12-06 12:03:50
匪夷所思!新冠消失两年后,社会上这5个“怪现象”,你发现没有

匪夷所思!新冠消失两年后,社会上这5个“怪现象”,你发现没有

神牛
2024-12-06 14:21:08
叙利亚第三大城市哈马被攻克,下一个目标霍姆斯,阿萨德麻烦大了

叙利亚第三大城市哈马被攻克,下一个目标霍姆斯,阿萨德麻烦大了

山河路口
2024-12-05 23:26:31
琼瑶丈夫的前妻说琼瑶:“跑到原配面前半裸着耀武扬威”

琼瑶丈夫的前妻说琼瑶:“跑到原配面前半裸着耀武扬威”

古装影视解说阿凶
2024-12-06 18:13:11
仅高兴了1个小时,最终被龙头算计,炸板下跌,明日会跌停开盘吗

仅高兴了1个小时,最终被龙头算计,炸板下跌,明日会跌停开盘吗

历史阿务
2024-12-06 17:14:38
下午4点,2025澳网正赛名单出炉:中国10人在列,郑钦文冲击冠军

下午4点,2025澳网正赛名单出炉:中国10人在列,郑钦文冲击冠军

侃球熊弟
2024-12-06 16:24:05
太惨了!福建海参厂老板被同学拉去赌球,输了2200万,烧炭自杀

太惨了!福建海参厂老板被同学拉去赌球,输了2200万,烧炭自杀

水晶的视界
2024-12-05 06:00:12
北京一近八旬老人阳台摔倒,对楼邻居多看了一眼……

北京一近八旬老人阳台摔倒,对楼邻居多看了一眼……

环球网资讯
2024-12-05 18:00:25
徐杰怒撕球衣,胡明轩疼得惨叫,杜锋下课钟声敲响,没人能保他了

徐杰怒撕球衣,胡明轩疼得惨叫,杜锋下课钟声敲响,没人能保他了

嘴炮体坛
2024-12-06 11:31:56
电影《情书》女主角中山美穗去世,终年54岁

电影《情书》女主角中山美穗去世,终年54岁

新京报
2024-12-06 14:56:13
论气质和长相,左边胜!刘亦菲的美貌只是媒体炒作出来的!

论气质和长相,左边胜!刘亦菲的美貌只是媒体炒作出来的!

人情皆文史
2024-10-08 00:37:57
普京特朗普达成共识,中国错失巨大财富,36万亿国债将轻松化解?

普京特朗普达成共识,中国错失巨大财富,36万亿国债将轻松化解?

史行途
2024-12-06 13:47:39
德国的天塌了,大众集团不管德国死活,坚持“在中国,为中国”

德国的天塌了,大众集团不管德国死活,坚持“在中国,为中国”

红色鉴史官
2024-12-05 20:54:37
长沙男子在上海花300多万买房4年后得知是凶宅,我爱我家:原房主隐瞒

长沙男子在上海花300多万买房4年后得知是凶宅,我爱我家:原房主隐瞒

环球网资讯
2024-12-04 22:01:06
湖北姑爷回东北丈母娘家,看到饭菜不敢动筷子,网友:我也不敢

湖北姑爷回东北丈母娘家,看到饭菜不敢动筷子,网友:我也不敢

观察鉴娱
2024-12-06 14:12:21
牛肉的“死对头”,医生提醒:二者不可同食,吃牛肉的禁忌要记牢

牛肉的“死对头”,医生提醒:二者不可同食,吃牛肉的禁忌要记牢

简食记工作号
2024-12-06 00:29:53
2比1!中国男足客场绝杀劲敌+两国脚进球,未来进世界杯真有戏

2比1!中国男足客场绝杀劲敌+两国脚进球,未来进世界杯真有戏

我就爱说足球
2024-12-06 11:16:20
琼瑶多张全家福曝光:儿媳每年都为她庆生,两孙女又高挑又漂亮!

琼瑶多张全家福曝光:儿媳每年都为她庆生,两孙女又高挑又漂亮!

古希腊掌管松饼的神
2024-12-05 20:02:12
“戒严事件”落幕,李在明捡漏失败,韩东勋突然变脸,尹锡悦有惊无险

“戒严事件”落幕,李在明捡漏失败,韩东勋突然变脸,尹锡悦有惊无险

麓谷隐士
2024-12-06 07:04:15
昆凌与婆婆罕见同框,婆媳俩相处融洽好温馨,77岁叶惠美近状超好

昆凌与婆婆罕见同框,婆媳俩相处融洽好温馨,77岁叶惠美近状超好

扒虾侃娱
2024-12-06 14:33:43
2024-12-06 21:43:00
钛媒体APP
钛媒体APP
独立财经科技媒体
111002文章数 859460关注度
往期回顾 全部

教育要闻

最喜欢中外合作学生的几所英国大学!

头条要闻

特朗普提名美国新任驻华大使 外交部回应

头条要闻

特朗普提名美国新任驻华大使 外交部回应

体育要闻

当家球星伤停后,他们是NBA最猛球队

娱乐要闻

《情书》女主角去世 被发现倒在浴缸中

财经要闻

黄文政谈起点收入:不工作也应有收入?

科技要闻

这一次,多亏了日本?

汽车要闻

星途星纪元 ET增程四驱版于12月15日上市

态度原创

教育
旅游
数码
公开课
军事航空

教育要闻

2018年,全国高考数学题文科卷,构造函数用函数性质解题!

旅游要闻

日媒:日决定放宽中国公民赴日签证部分发放条件

数码要闻

英特尔确认参加CES2025 将展示最新酷睿Ultra平台

公开课

李玫瑾:为什么性格比能力更重要?

军事要闻

叙利亚反对派武装攻入哈马市 首都大马士革命悬一线

无障碍浏览 进入关怀版