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
这么突然?大陆最后一家将停止营业!网友:陪伴了我整个青春...

这么突然?大陆最后一家将停止营业!网友:陪伴了我整个青春...

鲁中晨报
2024-12-06 14:17:12
理想系统更新碰上老婆临产,提示还需要51分钟,网友:容易误触…

理想系统更新碰上老婆临产,提示还需要51分钟,网友:容易误触…

火山诗话
2024-12-06 07:43:29
大水真的开始漫灌了!2025,大规模印钞在路上……

大水真的开始漫灌了!2025,大规模印钞在路上……

魏家东
2024-12-06 07:43:56
打算20年不换车就选它!全球汽车销冠,从12万多降到7万多,油耗才4L

打算20年不换车就选它!全球汽车销冠,从12万多降到7万多,油耗才4L

隔壁说车老王
2024-12-06 12:38:49
向佐浓妆穿女装带货受关注首场卖出5千万,仅次“与辉同行”

向佐浓妆穿女装带货受关注首场卖出5千万,仅次“与辉同行”

大象新闻
2024-12-06 14:56:37
美急了,美媒体称中国监管机构要求电信运营商2027年淘汰美国芯片

美急了,美媒体称中国监管机构要求电信运营商2027年淘汰美国芯片

星辰故事屋
2024-12-06 18:03:21
琼瑶下周三火化,原因曝光,与丈夫更多合影被扒,林婉珍笑到最后

琼瑶下周三火化,原因曝光,与丈夫更多合影被扒,林婉珍笑到最后

180°视角
2024-12-06 15:22:55
上海一特斯拉车主在高架桥停车大便引热议,网友:大哥是个讲究人

上海一特斯拉车主在高架桥停车大便引热议,网友:大哥是个讲究人

火山诗话
2024-12-06 16:03:40
“禁止他国转卖美国,中国开创了先例”

“禁止他国转卖美国,中国开创了先例”

观察者网
2024-12-06 21:39:09
12月6日俄乌最新:希望之光

12月6日俄乌最新:希望之光

西楼饮月
2024-12-06 21:55:05
烟台女大脚踏四条船,和异性开房打牌,被男友堵门对峙,内容炸裂

烟台女大脚踏四条船,和异性开房打牌,被男友堵门对峙,内容炸裂

娱官儿
2024-12-06 13:45:38
B站集体测华为手机的麒麟9020芯片!性能提升超30%,美制裁下中国芯片出口破万亿|硅基世界

B站集体测华为手机的麒麟9020芯片!性能提升超30%,美制裁下中国芯片出口破万亿|硅基世界

钛媒体APP
2024-12-06 12:16:20
家属称七旬老人病亡医嘱和结费单药品对不上,起诉3家三甲医院;相关医院:不存在骗保,原告缺乏医学常识

家属称七旬老人病亡医嘱和结费单药品对不上,起诉3家三甲医院;相关医院:不存在骗保,原告缺乏医学常识

极目新闻
2024-12-06 16:41:59
《情书》女主角去世,被发现倒在浴缸中,前一天自曝心情郁闷

《情书》女主角去世,被发现倒在浴缸中,前一天自曝心情郁闷

萌神木木
2024-12-06 15:13:14
罕见表态!国家突然力挺燃油车,释放什么信号?

罕见表态!国家突然力挺燃油车,释放什么信号?

前瞻网
2024-12-06 09:39:11
女生醉酒遭强奸致死案一审择期宣判

女生醉酒遭强奸致死案一审择期宣判

环球网资讯
2024-12-06 21:49:20
孙悦球衣退役杜锋遭全场狂嘘 杜锋:哇哦这么多掌声啊!

孙悦球衣退役杜锋遭全场狂嘘 杜锋:哇哦这么多掌声啊!

直播吧
2024-12-06 22:23:14
泪目!武磊时隔2年半重返西班牙人:获官方欢迎,热拥+合影前队友

泪目!武磊时隔2年半重返西班牙人:获官方欢迎,热拥+合影前队友

我爱英超
2024-12-06 21:37:17
国民党硬起来了:若民进党罚马英九基金会,将裁撤陆委会和海基会

国民党硬起来了:若民进党罚马英九基金会,将裁撤陆委会和海基会

橘色数码
2024-12-06 21:36:54
乌军巡航导弹攻击克里米亚大桥!俄罗斯下诺尔哥罗德遇袭

乌军巡航导弹攻击克里米亚大桥!俄罗斯下诺尔哥罗德遇袭

项鹏飞
2024-12-06 20:16:45
2024-12-07 00:39:00
钛媒体APP
钛媒体APP
独立财经科技媒体
111008文章数 859460关注度
往期回顾 全部

教育要闻

TTS新传论文带读:短视频与文化治理?这个话题有意思!

头条要闻

叙反对派武装领导人:要推翻阿萨德 伊朗俄罗斯救不了

头条要闻

叙反对派武装领导人:要推翻阿萨德 伊朗俄罗斯救不了

体育要闻

9号再见!孙悦球衣正式退役

娱乐要闻

《情书》女主角去世 被发现倒在浴缸中

财经要闻

黄文政谈起点收入:不工作也应有收入?

科技要闻

这一次,多亏了日本?

汽车要闻

星途星纪元 ET增程四驱版于12月15日上市

态度原创

艺术
手机
本地
数码
公开课

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

手机要闻

一加Ace mini与OPPO Find X8 mini:均再次被确认,参数也已揭秘

本地新闻

探黔地风情,于山水之间赏不败之花

数码要闻

英特尔下一代Xe3核心和G31芯片曝光 打破将放弃显卡业务传言

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