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In fact, Chinese electric vehicles are not as popular in Europe as imagined

So far, BYD, Nio, Lynk & Co, Xpeng and China’s other homegrown EV makers have barely made a dent. Their share of pure-electric and hybrid cars sold in Europe has risen to 5.6% over the past few years. The bulk of those deliveries have come from MG Motor, a brand more associated with its British roots than its Chinese ownership.
(MG Motor UK Limited (MG Motor) is an automotive company owned by SAIC Motor UK, headquartered in London, owned by the Shanghai-based Chinese state-owned automaker SAIC Motor.[2] MG Motor designs, develops and markets cars sold under the British MG marque, while vehicle manufacturing takes place at its plants in China, Thailand, and India. The design of the cars was originally engineered by MG Motors in the Longbridge plant in Birmingham, but now most of the design, development and R&D takes place at SAIC Motor UK Technical Centre in London.)
Whether that proportion stagnates or skyrockets will depend on their ability to convince European consumers to stray from household names like Volkswagen, Renault and BMW that have long-standing track records on safety and performance.
In fact, Chinese electric vehicles are not as popular in Europe as imagined
In a word ,European consumers have no inkling of Chinese brands,It’s a huge challenge for Chinese carmakers to make clear to Europeans that their cars are on par with TSLA, at a better price.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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