Tuesday, 04 August 2026 · World
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Nº 24 Tuesday, 04 August 2026 · World Edition
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Europe’s new EV power struggle sees Chinese giants seize record market share

Business - South China Morning Post · 1h ago · 🇨🇳 China
Europe’s new EV power struggle sees Chinese giants seize record market share

Chinese electric vehicle (EV) makers and Tesla are locked in a tug of war across western Europe, taking advantage of rising consumer demand for battery-powered vehicles as volatile oil prices drive buyers away from traditional models. Chinese brands – including BYD to Xpeng – saw their combined market share of new car sales across 18 Western European countries rise to a record 10.7 per cent in the second quarter of 2026, up from 5.7 per cent a year earlier, data from Germany-based consultancy...

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