While most EVs sold in the EU are from Western brands such as Tesla, which manufactures and ships EVs from China, Chinese brands alone are set to account for 11 per cent of the region’s market in 2024. That share could reach 20 per cent by 2027, T&E predicted. China-made electric vehicles will make up more than a quarter of the EV sales in Europe this year, with the country’s share increasing by over 5 per cent from a year earlier, the share of made-in-China vehicles in the region is expected to rise to just over 25 per cent in 2024, according to T&E research, as Chinese brands such as BYD ramp up their global expansion. Is China dominating the world in advancements in electric vehicles?
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