(Text/Observer.com Zhang Jiadong Editor/Gao Xin)

According to data released by market research company Dataforce on June 24 local time, in May this year, the sales of Chinese car brands in Europe increased by 85% year-on-year, exceeding 60,000 units.

Against the backdrop of the European overall market sales only reaching 1.116 million units, with a year-on-year growth of 1.3%, the strong growth of Chinese automakers has led to their market share in Europe reaching 5.4%, setting a historical high. According to statistics, this figure was 3% at the same time last year and 4.6% in April this year. The further update of the market share also proves that the influence of Chinese car brands in Europe is increasingly growing.

The European Automotive News stated in its related report that the strong performance of Chinese automakers offset the weakness of European brands during the month and the decline of Japanese and South Korean automakers.

In terms of changes in vehicle power types, due to the tightening of European emission regulations, the entire European car market is shifting towards pure electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV). In May this year, the sales of BEVs and PHEVs continued to surge, while automakers are striving to reduce average carbon dioxide emissions to meet the new EU regulations.

For Chinese brands, since the end of last year, the EU has imposed additional tariffs on imported BEVs from China, which has caused Chinese brands' exports to Europe to shift towards PHEVs.

According to the sales statistics, among the 60,000 Chinese brand cars sold in Europe in May, BEV sales increased by 31% to 17,000 units; PHEV sales increased by 874% to 13,000 units; full hybrid electric vehicles (HEV) sales increased by 991% to 9,560 units; gasoline vehicles increased by 20% to 17,000 units.

Looking at the proportions, the share of BEV sales of Chinese automakers dropped from 41% last year to 29% in May this year; the share of gasoline vehicles dropped from 45% to 29%; the share of PHEVs increased from 4% to 22%; the share of HEVs increased from 3% to 16%.

All images in the article come from European Automotive News

In terms of brands, thanks to the layout of hybrid models, BYD became the Chinese automaker with the largest sales increase, with total sales reaching 13,000 units in May this year, compared to over 3,000 units in May last year. Its growth mainly comes from the Seal U (Sea Leopard U), which alone achieved more than 7,000 units in sales for the month.

Another brand with significant growth is Chery. Chery's sales in the month reached 7,963 units, an increase of 900%, with the increase mainly coming from the Jaecoo and Omoda brands launched in Europe last year.

The MG brand, which had once stopped exporting to Europe due to EU tariff issues, still maintains its position as the top-selling brand in Europe with a sales proportion mainly based on gasoline vehicles. The cumulative sales for the first five months of this year reached 126,000 units, with BYD and Chery at 54,000 and 29,000 units respectively.

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Original: https://www.toutiao.com/article/7519776719264301607/

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