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
看了韩国特战部队的表现,就知道当初金将军真没吹牛

看了韩国特战部队的表现,就知道当初金将军真没吹牛

千里持剑
2024-12-04 12:02:26
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
不出5年,中国贬值最快的不是房子、人民币,而是这3样东西

不出5年,中国贬值最快的不是房子、人民币,而是这3样东西

罗晓晓说事
2024-09-20 21:46:23
中央为何武力逮捕四人帮,而不开会解决?李先念一句话说服华国锋

中央为何武力逮捕四人帮,而不开会解决?李先念一句话说服华国锋

文史江湖
2023-11-08 12:37:24
故事:明年是蛇年,双春闰月加青蛇,这3种人要穿红,千万不可忽视

故事:明年是蛇年,双春闰月加青蛇,这3种人要穿红,千万不可忽视

红豆讲堂
2024-11-14 10:46:35
明年买房,请牢记7字真言:“买旧、买大、不买三”,基本错不了

明年买房,请牢记7字真言:“买旧、买大、不买三”,基本错不了

巢客HOME
2024-12-05 10:00:03
琼瑶做了平鑫涛情妇,原配求她退出,琼瑶:你把你男人带回去啊

琼瑶做了平鑫涛情妇,原配求她退出,琼瑶:你把你男人带回去啊

李律讲法
2024-12-03 22:30:03
研究发现:每天都吃苹果的人,用不了多久,身体会出现这些变化

研究发现:每天都吃苹果的人,用不了多久,身体会出现这些变化

爆炸营养彭鑫蕊
2024-11-28 16:33:25
曼联10号耍帅失败,40秒后丢球!阿莫林怒不可遏,传奇开炮

曼联10号耍帅失败,40秒后丢球!阿莫林怒不可遏,传奇开炮

叶青足球世界
2024-12-05 10:07:20
拉夫劳伦这一夜,李冰冰大花气质,朱珠风情,高圆圆被赞全场最佳

拉夫劳伦这一夜,李冰冰大花气质,朱珠风情,高圆圆被赞全场最佳

娱乐小板报
2024-12-05 12:22:52
美貌不输张曼玉却整容上瘾,把脸整成电风扇,还自行注射食用油

美貌不输张曼玉却整容上瘾,把脸整成电风扇,还自行注射食用油

白宸侃片
2024-12-04 18:40:28
琼瑶自杀去世了,网络上却出现了一个不好的声音!

琼瑶自杀去世了,网络上却出现了一个不好的声音!

农夫也疯狂
2024-12-04 17:41:08
李易峰饥渴难耐!郭子瑜16岁成炮友,跑警局做HIV为证女朋友身份

李易峰饥渴难耐!郭子瑜16岁成炮友,跑警局做HIV为证女朋友身份

扒星人
2024-12-04 11:37:30
余承东也无奈,雷军:智能手机时代已结束,国际上只有苹果和三星

余承东也无奈,雷军:智能手机时代已结束,国际上只有苹果和三星

蜉蝣说
2024-12-03 16:18:18
74岁刘晓庆登海拔4680米玉龙雪山,其他人用氧气瓶,她却健步如飞

74岁刘晓庆登海拔4680米玉龙雪山,其他人用氧气瓶,她却健步如飞

梦随心动
2024-12-05 12:41:14
退货率最高达90%!多家电商倒闭,商家怒斥薅羊毛的人越来越多

退货率最高达90%!多家电商倒闭,商家怒斥薅羊毛的人越来越多

老鹈爱历史
2024-12-03 09:42:01
凯特王妃圆润了:大波浪配珍珠泪耳环,气场拉满,梅根永远比不了

凯特王妃圆润了:大波浪配珍珠泪耳环,气场拉满,梅根永远比不了

又是秋风
2024-12-05 10:30:18
马来西亚叫停外贸“洗产地”!  中企怎么办?无奈之举也不可行了

马来西亚叫停外贸“洗产地”! 中企怎么办?无奈之举也不可行了

橘色数码
2024-12-05 11:09:31
4天时间,丢了5个军用机场,还有1座200万人口大城市!

4天时间,丢了5个军用机场,还有1座200万人口大城市!

星辰故事屋
2024-12-03 12:10:02
袁方:交易才能拯救湖人 詹姆斯动不了那就动浓眉

袁方:交易才能拯救湖人 詹姆斯动不了那就动浓眉

直播吧
2024-12-05 15:07:09
2024-12-05 17:59:00
钛媒体APP
钛媒体APP
独立财经科技媒体
110931文章数 859455关注度
往期回顾 全部

教育要闻

“父母穷,孩子连穿浅色羽绒服的资格都没有”,一张照片引起热议

头条要闻

俄罗斯食品馆在多省份落地开花 业内:商品经不起推敲

头条要闻

俄罗斯食品馆在多省份落地开花 业内:商品经不起推敲

体育要闻

姆巴佩道歉:为失利负全责 丢点是巨大错误

娱乐要闻

琼瑶过世细节曝光 前一天嘱咐儿媳来家

财经要闻

房价开始涨了

科技要闻

苹果引入文心一言,客户隐私或成合作阻碍

汽车要闻

2.4T+9AT+四驱 哈弗H9柴油版起售

态度原创

亲子
手机
游戏
时尚
公开课

亲子要闻

教你如何预测排卵备孕,更年期姐妹适用

手机要闻

首批骁龙8至尊版旗舰手机落地:这些体验解释了什么叫“AI 手机”

《漫威争锋》战令不限时获网友好评:企业的一大步

如何将“大衣”穿出高级感?配色不花、搭配简约,大方舒适

公开课

李玫瑾:为什么性格比能力更重要?

无障碍浏览 进入关怀版