日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Europe

Tariff hike fears drive Chinese EV sales

By JULIAN SHEA in London | China Daily Global | Updated: 2024-08-01 09:30
Share
Share - WeChat
BYD's electric models attract visitors at a new energy auto expo in Beijing. [Photo by A QING /FOR CHINA DAILY]

The surge in Chinese electric vehicle sales across Europe in June was mainly driven by looming tariff threats, newly released data reveal.

According to analytics company Dataforce, Chinese carmakers captured a record 11 percent of the European EV market in June. The figures, which include the United Kingdom, show that about 23,000 EVs were registered in June, marking a 72 percent increase from the previous month as consumers raced to beat anticipated price hikes within the European Union.

In early July, the EU announced plans to impose extra duties of up to 37.6 percent on Chinese EV imports because of what it called "unfair" state subsidies benefiting manufacturers in a keenly contested market.

Data from Dataforce further highlight that 40 percent of the surge in imports came from dealers, rather than consumers, stocking up on vehicles ahead of the tariff implementation.

Chinese state-owned SAIC experienced the greatest uptick in sales, shifting just under 13,400 units in June, as opposed to rival BYD's sales of just under 4,000.

SAIC vehicles are subject to the harshest tariff of 38 percent, compared with the 17 percent on BYD.

Chinese EV imports to the United States have been subject to 100 percent tariffs since the start of the year, killing sales there, but there is still huge demand in the UK, which took 12 percent of vehicles, and the EU, with 36 percent, according to Chinese trade specialist website Soapbox.

Surging prices

The Guardian cited research by Spanish bank BBVA showing that a Chinese car in Europe was up to twice as costly as in the domestic market, with some vehicles, such as BYD's Dolphin, selling for almost three times the price.

In Italy, sales incentives in June to increase EV purchases were all snapped up in less than 9 hours, the Italian government said, with most interest coming from individual buyers.

One consequence of the tariff standoff could be an increase in investment by Chinese EV makers in Europe, as a way round the additional fees.

The BBC reports that BYD's first European factory is already being built in Hungary and production could start before the end of next year, SAIC is reportedly looking at sites, and another manufacturer, Chery, has signed a partnership contract to start manufacturing vehicles in Spain.

"It's a well-architected plan to encourage companies to shift their investments to the EU, instead of relying on exporting from China," said Bill Russo, CEO of strategy and investment organization Automobility in Shanghai.

"The fact that some companies are taxed higher than others is a signal that they will make the penalty higher or lower based on the degree the company is committed to investing in the EU."

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产精品拍拍拍福利在线观看 | 亚洲欧美日韩精品高清 | 日韩欧美国产精品 | 久久大香香蕉国产免费网站 | 午夜影院a | 国产高清一国产免费软件 | 欧美在线视频一区二区 | 久久久久免费 | 综合精品 | 亚洲国产精久久久久久久 | 欧美aaa| 精品热久久| 成年人黄色毛片 | 那里有毛片看 | 免费看黄网 | 特黄特黄的视频 | 久久久国 | 刮伦人妇A片1级 | 影音先锋中文字幕一区 | 夜色亚洲| 黄色综合网站 | 欲色av| 成人欧美日韩视频一区 | 激情亚洲视频 | 久久国产热视频 | 被玩坏了的女老师(高h np) | 久久精品视频网站 | 国产福利不卡一区二区三区 | 国产在线精品一区 | 欧美free性 | 国内精品久久久久久中文字幕 | 97碰碰在线视视频 | 九九色影院| 免费一级毛片在线观看 | 欧美性影院 | 免费高清成人 | 欧美网站在线看 | 美女福利视频国产免费观看 | 加勒比AV一本大道香蕉大在线 | 亚洲福利视频一区二区 | 视频一区在线观看 |