Foreign Media: Chinese automakers are rapidly rising in the European market, squeezing the market share of Japanese and South Korean competitors.
According to data released by the European Automobile Manufacturers Association on April 2nd, China's auto exports to the EU reached 1.006 million units in 2025—surpassing 1 million for the first time—with a year-on-year increase of 30.7%, accounting for 7% of the EU's automotive sales (up from 5% the previous year).
In contrast, the market shares of Japanese and South Korean brands remained unchanged at 4% and 3%, respectively.
BYD surpassed Tesla in Europe for the second consecutive month in February.
Meanwhile, European automakers face difficulties in the Chinese market: passenger vehicle exports to China plummeted by 43% year-on-year to €8.3 billion in 2024, with export volumes declining by 42.8% to 159,700 units.
Original article: toutiao.com/article/1862370682131466/
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