A new study has shown that two of the five best-selling electric cars in Europe are made in China. It is about Volvo EX30 and Volkswagen ID.4. The results for May 2024 show that Chinese electric vehicles accounted for 19 percent of sales, up 6 percent from the same month last year.
As we've already informed you, overall new car registrations in Europe fell by 2.5% in May 2024 from a year earlier, but remain higher than post-pandemic production shocks in 2021 and 2022.
„After the global pandemic, the European car market has only recovered to 75-80% of its original size. As a result, many factories across Europe are not operating at full capacity, allowing Chinese manufacturers to sell cars across Europe, avoiding tariffs for the time being, “ says Felipe Muñoz, global analyst at JATO Dynamics.
At the same time, in Europe and in our country, LPG cars are still preferred. As before, Volkswagen dominated the ranking of best-selling makes and models in May. The best-selling car in May was the Volkswagen T-Roc with a score of 20,387 cars.
