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
拒绝出山!CBA冠军教头只愿隐居幕后,上海男篮多次邀请

拒绝出山!CBA冠军教头只愿隐居幕后,上海男篮多次邀请

篮球大陆
2024-12-08 09:12:46
美国前总统之子:我访华150次,确信中国没有敌意,美国一直撒谎

美国前总统之子:我访华150次,确信中国没有敌意,美国一直撒谎

国学聚焦
2024-12-07 12:02:02
拉爵:曼联已变得平庸,我们必须做一些艰难且不受欢迎的决定

拉爵:曼联已变得平庸,我们必须做一些艰难且不受欢迎的决定

懂球帝
2024-12-08 01:02:02
吴佩慈晒一家六口全家福,否认纪晓波被FBI通缉,力证两人没分手

吴佩慈晒一家六口全家福,否认纪晓波被FBI通缉,力证两人没分手

开开森森
2024-12-06 19:33:41
鹿晗黄子韬直播连麦,一个20分钟涨粉六十万,另一个几次欲言又止

鹿晗黄子韬直播连麦,一个20分钟涨粉六十万,另一个几次欲言又止

说历史的老牢
2024-12-06 17:31:25
45岁汤唯最新婚纱照曝光,和老公常年分居,怎么越过越甜?!

45岁汤唯最新婚纱照曝光,和老公常年分居,怎么越过越甜?!

麦子熟了
2024-12-07 21:06:52
一场2-2,揪出曼城2大罪人,坑惨全队 瓜帅投降:5连冠已彻底没戏

一场2-2,揪出曼城2大罪人,坑惨全队 瓜帅投降:5连冠已彻底没戏

风过乡
2024-12-08 08:17:01
周扬青泳装比基尼,紧致饱满,确实有料啊

周扬青泳装比基尼,紧致饱满,确实有料啊

吃瓜党二号头目
2024-12-06 10:49:23
不是所有的汽车都必须进行OBD年检!大家不要被某些人给吓唬住了

不是所有的汽车都必须进行OBD年检!大家不要被某些人给吓唬住了

生活奇思妙想家VIP
2024-12-06 20:35:01
原来有钱人冬天真的不冷,静电只电穷人,冬天的贫富差距太明显了

原来有钱人冬天真的不冷,静电只电穷人,冬天的贫富差距太明显了

原广工业
2024-12-07 02:07:23
李易峰团队离职人员爆料:瘾太大控制不住,家人女朋友劝过不听

李易峰团队离职人员爆料:瘾太大控制不住,家人女朋友劝过不听

天行舰
2024-12-06 15:51:00
哈马市被攻陷,叙利亚救兵已到,中方罕见喊出8个字,叛军被定性

哈马市被攻陷,叙利亚救兵已到,中方罕见喊出8个字,叛军被定性

史行途
2024-12-07 13:34:42
原本以为退圈生孩子去了,没想到,她竟比琼瑶走的还早!

原本以为退圈生孩子去了,没想到,她竟比琼瑶走的还早!

白面书誏
2024-12-07 01:40:03
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
张海迪,这位传奇的女性,虽身患多种绝症,却坚韧不拔

张海迪,这位传奇的女性,虽身患多种绝症,却坚韧不拔

洞鉴历史
2024-11-14 14:05:02
琼瑶、平鑫涛、林婉珍年轻旧照:昔日往事已随风翩然

琼瑶、平鑫涛、林婉珍年轻旧照:昔日往事已随风翩然

素素娱乐
2024-12-07 07:36:22
苦苦支撑!布伦森半场10中7&三分4中3砍下20分 带队咬住比分!

苦苦支撑!布伦森半场10中7&三分4中3砍下20分 带队咬住比分!

直播吧
2024-12-08 09:48:27
华为鸿蒙认证的人形机器人三朵金花,连扳有望!

华为鸿蒙认证的人形机器人三朵金花,连扳有望!

长涨c
2024-12-06 09:29:41
一路走好!6天5位名人去世,有2人同一天离世,最年轻者仅32岁

一路走好!6天5位名人去世,有2人同一天离世,最年轻者仅32岁

叨唠
2024-12-05 00:29:47
法学硕士齐金金去世!年仅39岁,律所发讣告,最后露面曝光!

法学硕士齐金金去世!年仅39岁,律所发讣告,最后露面曝光!

古希腊掌管松饼的神
2024-12-07 10:45:52
2024-12-08 10:31:00
钛媒体APP
钛媒体APP
独立财经科技媒体
111038文章数 859475关注度
往期回顾 全部

教育要闻

精神病院50%是青少年?前北大教授徐凯文:孩子们正在经历“溺水式学习”

头条要闻

媒体:韩东勋恍然大悟态度反转 坚决要求尹锡悦下台

头条要闻

媒体:韩东勋恍然大悟态度反转 坚决要求尹锡悦下台

体育要闻

39岁皇马大师表演:20米仙人指路 策动2球

娱乐要闻

74岁刘晓庆搀扶65岁倪萍,心态超年轻

财经要闻

马斯克身价暴增 美银力挺特斯拉

科技要闻

阿里合伙人樊路远内网道歉 自罚三个月工资

汽车要闻

东风本田全新新能源工厂首开放

态度原创

亲子
艺术
游戏
公开课
军事航空

亲子要闻

老婆出门叮嘱老公给孩子盖好被子别掉地下,结果他竟然这么做

艺术要闻

故宫珍藏的墨迹《十七帖》,比拓本更精良,这才是地道的魏晋写法

《FF7RE》为打造开放世界 灵感来源从美末换到巫师3

公开课

李玫瑾:为什么性格比能力更重要?

军事要闻

美国宣布向乌克兰提供价值9.88亿美元军事援助

无障碍浏览 进入关怀版