Registrations of BEVs by Chinese carmakers surged across Europe in November, almost equalling those of market leader Tesla. According to Jato Dynamics the standout performances of the month came from China’s automakers, which combined registered more than 24,100 units of BEVs in November (including Volvo, Polestar and Lotus), just behind Tesla. China’s automakers increased market share in the BEV category, ...
Read More »61% in the UK want tariffs imposed on Chinese EV makers
Six out of 10 people (61%) that the UK should impose tariffs on Chinese EV makers. July’s Startline Used Car Tracker covered 307 consumers and 62 dealers. Views included the need to protect existing UK car manufacturers (43%), Chinese car makers are subsidised by their government and pricing is unfair (21%), and tariffs should level the market (12%). Paul Burgess, ...
Read More »China’s manufacturers efficient without compromising quality
Chinese manufacturers are efficient without compromising the quality of a product, Owen Edwards from Grant Thornton UK noted at the NFDA’s Driving Digital 2024. Constructing a vehicle more efficiently can reduce costs significantly. In fact, Tesla has previously suggested that this can reduce costs by 30%. There are various ways to take out cost in the construction of a vehicle. ...
Read More »Chinese-made cars account for one in five BEV registrations in Europe
Cars made in China accounted for one in five BEV registrations in February and January to February, according to JATO Dynamics. Overall, February was a positive month for the new car market in Europe. According to JATO Dynamics’ data which observed 28 European markets, a total of 988,116 cars were registered during the month. Growth of Chinese-made cars is strongest ...
Read More »Government looks at tariffs to counter risk of subsidised Chinese EVs
The UK government will use trade sanctions if the UK is threatened by a flood of cheap Chinese car imports. Secretary of State for Transport, Rt Hon Mark Harper MP, attending the SMMT Connect conference yesterday, told delegates the UK had very robust measures in place for fair international trade. Harper said: “We have very robust measures in this country, ...
Read More »DEALER BLOG: Used cars, EVs, Agency, Cazoo, Chinese brands
This year has had its own challenges, used car values increased, substantially, in many cases and a shortage of good used cars made it difficult to restock. EV values have been hit hard and we decided to reduce the number of EV stock until the market volatility has been understood more fully. Full electric new car sales seem to be ...
Read More »BLOG Chinese brands, electrification and tough decisions ahead
I was in Munich at the start of this week, unfortunately fully immersed in client work and unable to actually visit the IAA Mobility Show that has taken over the traditional Frankfurt Motor Show slot in the calendar. However, I got some flavour of it through some side-meetings, exhibits that were on the streets in the city centre and obviously ...
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