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Automotive Industry: Current State of EV Sales: Difference between revisions
Automotive Industry: Current State of EV Sales (view source)
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* Chinese brands such as BYD, Nio and Xpeng have 8% electric market share in Europe, up from 4% in 2021<ref name=":2">https://www.euronews.com/my-europe/2023/09/14/everything-we-know-about-the-eu-inquiry-into-chinese-electric-cars</ref>. | * Chinese brands such as BYD, Nio and Xpeng have 8% electric market share in Europe, up from 4% in 2021<ref name=":2">https://www.euronews.com/my-europe/2023/09/14/everything-we-know-about-the-eu-inquiry-into-chinese-electric-cars</ref>. | ||
* Chinese brands are expected to capture up to 15% market share in 2025 if the trend continues<ref name=":2" />. | * Chinese brands are expected to capture up to 15% market share in 2025 if the trend continues<ref name=":2" />. | ||
* The average price of Chinese EV sold in Europe in 2022 was $30,000, lower than Tesla's cheapest model 3 which was selling at more than $45,000<ref>https://www.scmp.com/business/china-business/article/3223875/chinese-electric-cars-capture-15-cent-european-market-2025-leap-forward-exports-kpmg-economist?campaign=3223875&module=perpetual_scroll_0&pgtype=article</ref>. | |||
== References == | == References == | ||