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
泰山14年队医离队!媒体人:被崔康熙发配到B队,俱乐部该挨骂

泰山14年队医离队!媒体人:被崔康熙发配到B队,俱乐部该挨骂

奥拜尔
2024-12-08 20:26:42
我在日本拍小电影,经历过才知道,为什么日本女生人人都想当女优

我在日本拍小电影,经历过才知道,为什么日本女生人人都想当女优

顾曲流觞
2023-10-26 10:30:16
葛卫东出手,现金流大增1400%,兆易创新,冲刺1000亿!

葛卫东出手,现金流大增1400%,兆易创新,冲刺1000亿!

飞鲸投研
2024-12-08 20:04:01
一举推翻阿萨德的反叛军老大:跟美国有不共戴天之仇,从不怕普京

一举推翻阿萨德的反叛军老大:跟美国有不共戴天之仇,从不怕普京

千里持剑
2024-12-08 13:30:00
四维空间:无法解释的玄学,很准,照做,不要问为什么

四维空间:无法解释的玄学,很准,照做,不要问为什么

黄河新流域
2024-12-03 13:07:12
刚出生的婴儿很蠢很脆弱,在原始社会的恶劣天环境里怎么生存的?

刚出生的婴儿很蠢很脆弱,在原始社会的恶劣天环境里怎么生存的?

宇宙时空
2024-12-08 13:52:12
北京楼市全军覆灭,北京楼市西城区房价从128000元跌至108000元

北京楼市全军覆灭,北京楼市西城区房价从128000元跌至108000元

有事问彭叔
2024-12-08 20:42:49
小叔子拖家带口8个人来我家过年,我跑回娘家躲清闲,老公崩溃了

小叔子拖家带口8个人来我家过年,我跑回娘家躲清闲,老公崩溃了

纸鸢奇谭
2024-12-08 21:47:55
张译跪地签名引争议,过往黑历史被扒,网友吐槽:谦虚过头就是装

张译跪地签名引争议,过往黑历史被扒,网友吐槽:谦虚过头就是装

小娱乐悠悠
2024-12-07 22:00:30
印度网友提问:中国为什么如此怕我们?世界各地网友都快笑了

印度网友提问:中国为什么如此怕我们?世界各地网友都快笑了

妮子说美食
2024-12-08 21:43:11
年薪4350万超NBA球星!色情网红拒绝当性爱娃娃的腰臀模特

年薪4350万超NBA球星!色情网红拒绝当性爱娃娃的腰臀模特

直播吧
2024-12-08 16:44:19
有人问:哪吒的脾气能暴躁到什么程度,要被评论区笑死了

有人问:哪吒的脾气能暴躁到什么程度,要被评论区笑死了

奇特短尾矮袋鼠
2024-12-07 18:40:14
昔日爆红国内的美剧女星 出柜体验男性人生阶段

昔日爆红国内的美剧女星 出柜体验男性人生阶段

美剧组|人人影视
2024-12-08 18:56:30
为什么中国人不买「保时捷」了?

为什么中国人不买「保时捷」了?

沙雕小琳琳
2024-12-08 20:08:37
全员“梓涵”消失,新一批“烂大街”名字来袭,已经有人入坑了!

全员“梓涵”消失,新一批“烂大街”名字来袭,已经有人入坑了!

涵豆说历史
2024-12-02 10:22:50
对美禁止出口镓锗锑和超硬材料,沙利文出来回应了!

对美禁止出口镓锗锑和超硬材料,沙利文出来回应了!

星辰故事屋
2024-12-08 21:18:25
高中生利用午休周末去境外间谍指定地点拍照,国安部披露详情

高中生利用午休周末去境外间谍指定地点拍照,国安部披露详情

鲁中晨报
2024-12-08 09:01:04
有一个奇怪的现象!乡镇卫生院除了没有病人,其他什么都有

有一个奇怪的现象!乡镇卫生院除了没有病人,其他什么都有

小熊侃史
2024-12-07 07:20:03
曝光茂名第一豪宅!背后究竟有谁撑腰才可以“只手遮天”?

曝光茂名第一豪宅!背后究竟有谁撑腰才可以“只手遮天”?

茂名圈
2024-12-09 00:12:50
阴花不能进阳宅!这4种花“打死”也不养,家里若有?快挪走!

阴花不能进阳宅!这4种花“打死”也不养,家里若有?快挪走!

风谈笔录
2024-11-16 07:40:11
2024-12-09 03:51:00
钛媒体APP
钛媒体APP
独立财经科技媒体
111053文章数 859483关注度
往期回顾 全部

教育要闻

TTS新传论文带读:笑死!传播学又被革命了...传播学3.0研究范式!!

头条要闻

特朗普:阿萨德离开了 俄罗斯再也没有兴趣保护他了

头条要闻

特朗普:阿萨德离开了 俄罗斯再也没有兴趣保护他了

体育要闻

30岁临时工被裁员 NBA的人情与现实

娱乐要闻

陈妍希父亲去世:陈晓未回应引争议

财经要闻

马斯克身价暴增 美银力挺特斯拉

科技要闻

马云现身蚂蚁20周年现场罕见演讲

汽车要闻

东风本田全新新能源工厂首开放

态度原创

亲子
手机
家居
旅游
公开课

亲子要闻

让孩子爱上阅读,这是作为父母,能送给孩子此生最好的礼物!

手机要闻

华为 Mate 70 系列手机已适配“通信共享”功能

家居要闻

百年之居 打造四世同堂宜居空间

旅游要闻

DNA动了!多景区官宣:免票、半价

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