China's Electric Car Surge: A Shift in Global Market Share or a Temporary Reprieve? Chinese electric vehicle (EV) sales across Europe have surged to new heights, with 171,800 units sold in just five months.
This represents a near five percentage point increase in market share since last year, with Chinese EV brands capturing 14. 2% of the Western European market.
The traditional view is that Chinese manufacturers are "dumping" subsidized vehicles into the EU and UK to gain an unfair advantage. However, closer examination reveals a more complex picture.