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
看到朱婷放弃中国加入意大利,才知道当初刘翔说的话含金量多高

看到朱婷放弃中国加入意大利,才知道当初刘翔说的话含金量多高

东篱畔
2024-08-25 00:04:11
国乒教练抢功劳?孙颖莎为王曼昱让出C位,韩国夺银激动表白中国

国乒教练抢功劳?孙颖莎为王曼昱让出C位,韩国夺银激动表白中国

三十年莱斯特城球迷
2024-12-08 21:54:24
裂穴后隐忍20多年,见杨议塌房老搭档踹上一脚,解气还获同情

裂穴后隐忍20多年,见杨议塌房老搭档踹上一脚,解气还获同情

观察鉴娱
2024-12-09 17:31:52
中国近三年芯片进口额对比:21年2.8万亿,22年2.76万亿,23年呢

中国近三年芯片进口额对比:21年2.8万亿,22年2.76万亿,23年呢

蓝色海边
2024-12-09 20:29:22
已在大马士革发表讲话,叙利亚反对派领导人何许人也?曾被美国悬赏千万美元通缉

已在大马士革发表讲话,叙利亚反对派领导人何许人也?曾被美国悬赏千万美元通缉

红星新闻
2024-12-09 17:23:13
姚明何时入选名人堂?发言人:明年有被举荐资格,也得看个人意愿

姚明何时入选名人堂?发言人:明年有被举荐资格,也得看个人意愿

懂球帝
2024-12-09 18:36:22
52岁巩俐直言“每周四次”,70岁米歇尔体检证明自己:我跟得上

52岁巩俐直言“每周四次”,70岁米歇尔体检证明自己:我跟得上

柴叔带你看电影
2024-11-28 15:31:16
CBA最新消息!曝西蒙斯加盟广东,上海换掉霍金斯,宁波签兰德尔

CBA最新消息!曝西蒙斯加盟广东,上海换掉霍金斯,宁波签兰德尔

体坛瞎白话
2024-12-09 10:24:35
药王谷死亡患者疑增至30人

药王谷死亡患者疑增至30人

大象新闻
2024-12-09 07:51:39
网络水军竟然这么赚钱,操控6000部云手机获利4200万元

网络水军竟然这么赚钱,操控6000部云手机获利4200万元

开茶谈
2024-12-08 22:45:18
哈马斯声称将释放多名人质,其中4名美国人,名单已移交埃及

哈马斯声称将释放多名人质,其中4名美国人,名单已移交埃及

桂系007
2024-12-09 18:26:03
佟大为3胎儿子8岁了,简直就是缩小版佟大为,俩女儿比妈妈高

佟大为3胎儿子8岁了,简直就是缩小版佟大为,俩女儿比妈妈高

晴晴给你讲故事
2024-12-07 16:34:43
裘莉不慎摔断脚趾!「光着美脚丫」录节目曝:找不到能穿的鞋

裘莉不慎摔断脚趾!「光着美脚丫」录节目曝:找不到能穿的鞋

ETtoday星光云
2024-12-09 11:45:04
特朗普宣布制裁,墨西哥后悔了,墨驻华大使:希望中企回来投资

特朗普宣布制裁,墨西哥后悔了,墨驻华大使:希望中企回来投资

兵说
2024-12-08 22:40:37
外交部:中方将坚定维护国家主权和领土完整

外交部:中方将坚定维护国家主权和领土完整

新京报
2024-12-09 18:00:04
4亿换一个梦,“辞职”篮协主席仅6天的姚明,已经走上了另一条路

4亿换一个梦,“辞职”篮协主席仅6天的姚明,已经走上了另一条路

小故事娱乐
2024-12-04 16:32:47
德转官宣!申花将破例跟坦桑尼亚大牌国脚中卫签新约,曾效力葡超

德转官宣!申花将破例跟坦桑尼亚大牌国脚中卫签新约,曾效力葡超

小海要说球
2024-12-09 17:06:16
富时中国A50指数期货突破14000关口

富时中国A50指数期货突破14000关口

每日经济新闻
2024-12-09 16:04:09
解决方案在技术上过于落后 中国企业仍然不愿采用国产芯片

解决方案在技术上过于落后 中国企业仍然不愿采用国产芯片

cnBeta.COM
2024-12-09 14:17:04
伊朗危险了!巴沙尔抵俄,哈梅内伊痛失外援,或面临五大内忧外患

伊朗危险了!巴沙尔抵俄,哈梅内伊痛失外援,或面临五大内忧外患

凉羽亭
2024-12-09 16:32:42
2024-12-09 21:43:00
钛媒体APP
钛媒体APP
独立财经科技媒体
111093文章数 859494关注度
往期回顾 全部

教育要闻

二次函数相关系数abc有关的中考真题分析

头条要闻

琼瑶离世留"10亿巨额版权" 儿媳何琇琼发布10字声明

头条要闻

琼瑶离世留"10亿巨额版权" 儿媳何琇琼发布10字声明

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

本地
艺术
亲子
旅游
公开课

本地新闻

探黔地风情,于山水之间赏不败之花

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

亲子要闻

妹妹趴在哥哥身上玩哥哥脸蛋,发现被拍后 笑得天真烂漫

旅游要闻

哈尔滨文旅:对5家旅行社和涉事导游立案调查

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