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
Thank You, Lewis!汉密尔顿正式结束12年梅奔车手生涯

Thank You, Lewis!汉密尔顿正式结束12年梅奔车手生涯

懂球帝
2024-12-08 23:41:56
肇俊哲:若早点归化奥斯卡,他踢新加坡和泰国作用会非常大

肇俊哲:若早点归化奥斯卡,他踢新加坡和泰国作用会非常大

懂球帝
2024-12-09 09:07:16
神奇!莱斯特城5分钟2球绝平布莱顿,瓦尔迪传射范尼执教继续不败

神奇!莱斯特城5分钟2球绝平布莱顿,瓦尔迪传射范尼执教继续不败

直播吧
2024-12-09 00:03:47
74岁刘晓庆搀扶65岁倪萍现身!她们世纪同框,让人想起了很多故事

74岁刘晓庆搀扶65岁倪萍现身!她们世纪同框,让人想起了很多故事

快乐娱文
2024-12-07 19:38:53
广西一村书记:“秸秆一定得烧,哪怕我不当书记也要烧”

广西一村书记:“秸秆一定得烧,哪怕我不当书记也要烧”

奇思妙想草叶君
2024-12-07 23:45:55
我是女的,跟人…被对方用猪肉检疫章盖在屁股上,怎么都洗不掉

我是女的,跟人…被对方用猪肉检疫章盖在屁股上,怎么都洗不掉

华人星光
2024-12-06 16:05:59
怀旧服全球最贵紫装诞生:玩家50金入手卖了8万R!颠覆认知了

怀旧服全球最贵紫装诞生:玩家50金入手卖了8万R!颠覆认知了

魔兽世界情报局
2024-12-09 00:08:32
为什么说中国三支重装合成旅就能横扫以色列?

为什么说中国三支重装合成旅就能横扫以色列?

凯撒谈兵
2024-12-08 22:30:08
车险改革后,买这5个险种足够了,多了浪费、少了吃亏!

车险改革后,买这5个险种足够了,多了浪费、少了吃亏!

保险课堂
2024-12-07 22:34:29
周冠宇对话车队:我很确定明年还会见到你们,感谢一起度过的3年

周冠宇对话车队:我很确定明年还会见到你们,感谢一起度过的3年

直播吧
2024-12-09 08:34:27
库班:我买下独行侠后让球队住最好的酒店 让德克吃上健康食物

库班:我买下独行侠后让球队住最好的酒店 让德克吃上健康食物

直播吧
2024-12-08 19:23:12
央视主持人怒批!江苏昆山公园长椅焊钢管,说看完心里很不是滋味!

央视主持人怒批!江苏昆山公园长椅焊钢管,说看完心里很不是滋味!

涵豆说历史
2024-12-09 08:56:30
布朗尼得分创职业生涯新高,勒布朗亲自督战,崔永熙难比詹太子

布朗尼得分创职业生涯新高,勒布朗亲自督战,崔永熙难比詹太子

姜大叔侃球
2024-12-08 12:39:31
人民日报评出中国历史上高水平的40首诗词古文,收藏背诵

人民日报评出中国历史上高水平的40首诗词古文,收藏背诵

书法之海
2024-07-02 12:05:49
明智之举!詹姆斯今日休战 湖人下场比赛将在6天后对阵森林狼

明智之举!詹姆斯今日休战 湖人下场比赛将在6天后对阵森林狼

直播吧
2024-12-09 09:48:34
张皓嘉致胜一攻一防!徐杰一战封神!残阵广东逆天改命爆冷北控

张皓嘉致胜一攻一防!徐杰一战封神!残阵广东逆天改命爆冷北控

后仰大风车
2024-12-08 22:00:20
墨西哥想把中企赶出去,本以为中企会求着别赶,没想到事情全变了

墨西哥想把中企赶出去,本以为中企会求着别赶,没想到事情全变了

星辰故事屋
2024-12-02 18:21:39
刚刚,韩国股市崩了!亚太股市纷纷飘绿,A股集体低开后翻红!

刚刚,韩国股市崩了!亚太股市纷纷飘绿,A股集体低开后翻红!

证券时报e公司
2024-12-09 09:48:31
朝鲜停战70周年晚会,中方没被安排坐前排,但第一排的人实至名归

朝鲜停战70周年晚会,中方没被安排坐前排,但第一排的人实至名归

葡萄说史
2024-12-05 15:21:26
人美心善!王曼昱拒绝打11-0,让对手一球,马琳、孙颖莎场边鼓掌

人美心善!王曼昱拒绝打11-0,让对手一球,马琳、孙颖莎场边鼓掌

曹说体育
2024-12-08 13:10:01
2024-12-09 12:00:49
钛媒体APP
钛媒体APP
独立财经科技媒体
111060文章数 859487关注度
往期回顾 全部

教育要闻

30天背完3500个高频词(可打印)每天背诵

头条要闻

蔡国强烟花秀约600架无人机坠海 观众直呼 "意难平"

头条要闻

蔡国强烟花秀约600架无人机坠海 观众直呼 "意难平"

体育要闻

30岁临时工被裁员 NBA的人情与现实

娱乐要闻

尖叫之夜,明星们的小心思全照出来了

财经要闻

半导体新攻防

科技要闻

马云罕见演讲:AI改变一切 但不能决定一切

汽车要闻

保时捷经销商精简背后 是战略升级

态度原创

手机
本地
家居
公开课
军事航空

手机要闻

红魔 10 Pro 系列手机“白昼武士”配色上架,4999 元起

本地新闻

探黔地风情,于山水之间赏不败之花

家居要闻

百年之居 打造四世同堂宜居空间

公开课

李玫瑾:为什么性格比能力更重要?

军事要闻

宵禁期间大马士革相对稳定 大部分反政府武装未伤害平民

无障碍浏览 进入关怀版