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
普京呼吁西方国家公司回归俄罗斯抢占市场

普京呼吁西方国家公司回归俄罗斯抢占市场

一种观点
2024-12-05 16:05:59
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
陈德容,彻底撕碎了琼瑶最后一丝体面

陈德容,彻底撕碎了琼瑶最后一丝体面

木子爱娱乐大号
2024-12-05 17:28:48
琼瑶遗体被解剖!体面离开成泡影,遗书白写了

琼瑶遗体被解剖!体面离开成泡影,遗书白写了

钱小刀娱乐
2024-12-04 21:17:07
婆媳情深!琼瑶去世前最想见儿媳一面,所有作品IP都归她负责

婆媳情深!琼瑶去世前最想见儿媳一面,所有作品IP都归她负责

萌神木木
2024-12-05 17:33:43
性张力拉满,Netflix这部尺度新剧太上瘾了

性张力拉满,Netflix这部尺度新剧太上瘾了

天天美剧吧
2024-12-04 20:12:02
江苏几十名科级干部,因到上海招商有功得到提拔

江苏几十名科级干部,因到上海招商有功得到提拔

上观新闻
2024-12-05 09:41:14
大学最稳的4个专业,就业率达到95%以上,平均月薪过万

大学最稳的4个专业,就业率达到95%以上,平均月薪过万

教育导向分享
2024-12-02 21:03:48
昆山这件事,已经不是“缺德”的问题了

昆山这件事,已经不是“缺德”的问题了

顾礼先生
2024-12-05 16:46:29
二手车商的天要塌了!聊聊车检新规OBD的影响!

二手车商的天要塌了!聊聊车检新规OBD的影响!

极客引擎
2024-12-05 16:25:55
今非昔比!从影帝到《我是刑警》龙套,邵兵因何走到今天?

今非昔比!从影帝到《我是刑警》龙套,邵兵因何走到今天?

米椒娱乐
2024-12-05 16:20:34
琼瑶淡水200平豪宅曝光,家中一面墙都是古董,随处可见古玩玉器

琼瑶淡水200平豪宅曝光,家中一面墙都是古董,随处可见古玩玉器

古希腊掌管松饼的神
2024-12-05 15:51:44
新政策来了?交通部回应取消节假日高速免费,改为每年5000km免费

新政策来了?交通部回应取消节假日高速免费,改为每年5000km免费

AGKC阿贵艺车
2024-12-05 16:37:11
刚刚,中国春节,申遗成功!韩国网民“气疯了”

刚刚,中国春节,申遗成功!韩国网民“气疯了”

派大星纪录片
2024-12-05 13:37:52
就好这口?继黄晓明之后,又一男明星冯绍峰拜倒在假名媛石榴裙下

就好这口?继黄晓明之后,又一男明星冯绍峰拜倒在假名媛石榴裙下

娱官儿
2024-12-05 15:02:49
震惊!货车司机服务区休息被叫醒开罚单,交警回应

震惊!货车司机服务区休息被叫醒开罚单,交警回应

小人物看尽人间百态
2024-12-05 16:24:58
触目惊心!4年间大学生感染艾滋病12397例!高发地区竟然是这里

触目惊心!4年间大学生感染艾滋病12397例!高发地区竟然是这里

小人物看尽人间百态
2024-12-05 10:03:49
湖南下雪了!接下来还有降温降雨

湖南下雪了!接下来还有降温降雨

鲁中晨报
2024-12-05 22:13:26
马龙和师生团访台结束,却被限制五年内不能入台,这么容易破防吗

马龙和师生团访台结束,却被限制五年内不能入台,这么容易破防吗

吾爱纪实
2024-12-05 17:53:28
离谱了!多名警务人员违规查询个人信息被判刑,网友:难怪有诈骗!

离谱了!多名警务人员违规查询个人信息被判刑,网友:难怪有诈骗!

阿伧说事
2024-12-05 14:41:13
2024-12-06 08:08:49
钛媒体APP
钛媒体APP
独立财经科技媒体
110955文章数 859455关注度
往期回顾 全部

教育要闻

21位中国学生拿到offer,波士顿学院率先放榜!

头条要闻

美议员忽悠台湾从阿拉斯加进口LNG:这样能让大陆三思

头条要闻

美议员忽悠台湾从阿拉斯加进口LNG:这样能让大陆三思

体育要闻

3场失2点,姆巴佩又崩了......

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

时尚
房产
游戏
旅游
军事航空

“我已翩然去了”!她用最琼瑶的方式结束了她的时代

房产要闻

4.61亿!天价成交背后,看「侨鑫现象」再定义“最好的房子”

Epic喜加一:《巴士模拟21》《乐高星球大战》免费领

旅游要闻

武夷山有游客烧火,网友:怎能如此肆无忌惮?

军事要闻

德国总理:向乌克兰派兵“绝无可能”

无障碍浏览 进入关怀版