Climate-conscious car buyers in Europe who are grappling with an increased cost of living rave about how Chinese EVs are affordable yet packed with features and stylish design. Europe also has the world’s second-biggest EV battery market after China. clean energy funding that has drawn investment away from Europe, shows how the 27-nation bloc is caught in the middle of the global race for green technology.Ĭhinese EV makers are drawn to Europe because auto import tariffs are just 10% versus 27.5% in the U.S., independent auto analyst Matthias Schmidt said. That adds to tech-related tensions between the West and China, which is one of Europe’s biggest trading partners and the world’s biggest auto market.Ĭhina’s EV onslaught, along with massive U.S. The competitive threat has spurred the European Union to launch an investigation into Beijing’s support for its EV industry. Her enthusiasm underscores how Chinese automakers are winning over drivers as they make major inroads into Europe’s electric vehicle market, challenging long-established homegrown brands in an industry that’s key to the continent’s green energy transition. Her husband likes it so much he’s considering buying another BYD to replace their other car, from Volkswagen’s Skoda brand.
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