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China EV makers surge in European market
Bloomberg Tech·
Chinese automakers, including BYD and Zhejiang Leapmotor Technology, have experienced a resurgence in the European market during February. Their combined market share in hybrid vehicle registrations climbed to 16%, a slight increase from the previous month. The share of fully electric car registrations also saw a rise, reaching 14%. This growth indicates intensified competition for established Western automakers as Chinese brands continue to expand their presence and sales across the continent.
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energy
regulation
macro
Original Source
Bloomberg Tech — bloomberg.com