Fortune (October 30)
2026/ 11/ 01 by jd in Global News
“Chinese electric vehicle sales in Europe are growing rapidly. Chery has tripled sales in Europe in the past year; BYD has doubled; Geely is up a third; and SAIC is up 23%.” Together they now account for 14.6% of the EV market based on data from the European Automobile Manufacturers’ Association. Despite EU duties and tariffs of 45%, “Chinese cars are still over 20% cheaper to buy.”Tags: 45%, BYD, Cheaper, Chery, China, EU duties, Europe, EV market, Geely, SAIC, Sales, Tariffs, Tripled
