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Chinese Carmakers Expand Sales in Europe Despite Trade Barriers

www.nytimes.com

nytimes.com

https://archive.is/lWgz4

Chinese brands doubled their share of the European car market in April from a year earlier, according to registration data compiled by JATO Dynamics

About one in five electric vehicles sold in Europe during the first quarter was made in China, according to separate figures from Schmidt Automotive Research.

Only one-third of the cars that the Chinese carmakers sold in Europe during the first quarter were electric, according to Schmidt Automotive. The rest were hybrids or conventional gasoline-powered cars that are exempt from tariffs. “That’s one of the ironies” of the tariffs, said Matthias Schmidt, the owner of Schmidt Automotive.

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