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
30个生活小窍门,分文不花,以前我爱搭不理,现在是香的不行

30个生活小窍门,分文不花,以前我爱搭不理,现在是香的不行

枫叶的枫1516
2024-12-06 21:58:51
百年前的回旋镖飞回来了!凡是拿了大清赔款的国家,终将成为大清

百年前的回旋镖飞回来了!凡是拿了大清赔款的国家,终将成为大清

杨哥历史
2024-12-07 16:23:29
上海航空计划新开两条国际航线

上海航空计划新开两条国际航线

新京报
2024-12-08 21:22:35
佩斯科夫称乌克兰解除谈判禁令并撤出乌东四州后,俄将考虑谈判

佩斯科夫称乌克兰解除谈判禁令并撤出乌东四州后,俄将考虑谈判

山河路口
2024-12-08 23:31:22
宁可绕道也不妥协,中国为何不愿“中俄能源管道”经过蒙古国?

宁可绕道也不妥协,中国为何不愿“中俄能源管道”经过蒙古国?

现代小青青慕慕
2024-11-22 07:51:37
又吃回头草!广东队签回5年老臣,效仿威姆斯,杜锋病急乱投医

又吃回头草!广东队签回5年老臣,效仿威姆斯,杜锋病急乱投医

体坛大事记
2024-12-08 19:16:43
奉劝大家: 晚上吃它最折寿,第一个你就经常吃,赶紧住嘴!

奉劝大家: 晚上吃它最折寿,第一个你就经常吃,赶紧住嘴!

华人星光
2024-12-05 13:14:13
强援来到,叙利亚稳了

强援来到,叙利亚稳了

那山星火
2024-12-05 07:53:20
每天只学2小时,“差生”却不见了...已有学校靠AI遥遥领先,普娃还能怎么追?

每天只学2小时,“差生”却不见了...已有学校靠AI遥遥领先,普娃还能怎么追?

《外滩教育》
2024-12-08 08:34:47
童祥苓追悼会低调举行!300多各界人士参加,遗孀坐轮椅泪眼婆娑

童祥苓追悼会低调举行!300多各界人士参加,遗孀坐轮椅泪眼婆娑

裕丰娱间说
2024-12-08 18:09:03
华为员工:年级第一,浙大毕业,失业中。二本同学收入比我高很多

华为员工:年级第一,浙大毕业,失业中。二本同学收入比我高很多

蚂蚁大喇叭
2024-12-08 09:56:10
足球报:国安、泰山、浙江、三镇等5支中超球队新赛季帅位待定

足球报:国安、泰山、浙江、三镇等5支中超球队新赛季帅位待定

直播吧
2024-12-08 11:13:29
2-0到3-4!伦敦豪门德比:7.9亿战舰惨遭大逆转 苦吞30年耻辱纪录

2-0到3-4!伦敦豪门德比:7.9亿战舰惨遭大逆转 苦吞30年耻辱纪录

狍子歪解体坛
2024-12-09 02:35:35
记者谈泰山队医桑德罗离任:14年都很信任,结果说不用就不用了

记者谈泰山队医桑德罗离任:14年都很信任,结果说不用就不用了

直播吧
2024-12-08 16:32:10
小车阻挡救护车 ,延误老人救治去世!官方回应,知情者爆更多内幕

小车阻挡救护车 ,延误老人救治去世!官方回应,知情者爆更多内幕

娱乐圈见解说
2024-12-09 01:21:05
哪吒汽车改名为“方舟汽车”?评论区笑尿了!

哪吒汽车改名为“方舟汽车”?评论区笑尿了!

汽车工程师
2024-12-08 23:59:16
国家出手了,李行亮商演被取消,恶心他人来出名遭遇反噬

国家出手了,李行亮商演被取消,恶心他人来出名遭遇反噬

美食阿鳕
2024-12-08 12:55:07
宁夏两名“85后”正处级干部获公示拟任新职

宁夏两名“85后”正处级干部获公示拟任新职

澎湃新闻
2024-12-08 19:08:28
刀片电池杀到工程机械,比亚迪让汽车圈没办法玩了

刀片电池杀到工程机械,比亚迪让汽车圈没办法玩了

沙雕小琳琳
2024-12-09 01:13:30
车队积分垫底!索伯赛季仅4分入账,周冠宇4分&博塔斯0分

车队积分垫底!索伯赛季仅4分入账,周冠宇4分&博塔斯0分

直播吧
2024-12-08 22:48:26
2024-12-09 05:20:49
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

房产
游戏
亲子
公开课
军事航空

房产要闻

聚力・向前|网易房产年末特别策划:2024房产大事记

钢岚:送的精选元件自选箱该选啥?送的这个真就有点太保守了?

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!

公开课

李玫瑾:为什么性格比能力更重要?

军事要闻

俄外交部:阿萨德已放弃叙利亚总统职位

无障碍浏览 进入关怀版