According to a report cited by Bloomberg, Chinese electric vehicle brands accounted for more than 15 percent of Europe’s EV market in April for the first time, underscoring their growing competitiveness and expanding presence in the region’s new-energy vehicle sector.
Data cited in the report showed that Chinese automakers sold 38,281 electric vehicles in Europe during April, representing a year-on-year doubling in sales. Brands such as BYD and Chery were among the strongest performers. Chinese automotive brands’ overall share of the European vehicle market is also reportedly approaching 10 percent. In the plug-in hybrid segment, Chinese brands accounted for nearly 29 percent of the market in April.
Chinese automakers are also accelerating localization efforts in Europe. Companies including BYD have begun establishing factories within the European Union, while several firms are reducing market entry costs by taking over or sharing underutilized production capacity from European manufacturers. Stellantis, the parent company of Peugeot and Fiat, has also established partnerships with Chinese automakers such as Leapmotor and Dongfeng Motor, including factory-sharing arrangements.
Source: Huanqiu Times, May 22, 2026
https://tech.huanqiu.com/article/4Rg6OyuwPuc