Foreign media: European analysts believe that China's auto exports to the EU, though surging, may already be nearing their peak.
In May, one out of every ten new car registrations in the EU came from a Chinese brand, marking the first time Chinese brands surpassed their Japanese counterparts in market share across Europe. However, Brussels is stepping up trade defense measures: on Tuesday, it imposed final anti-dumping duties on passenger cars and light commercial vehicle tires from China, and plans to impose anti-subsidy tariffs on plug-in hybrid electric vehicles (PHEVs)—a segment where Chinese brands have seen the fastest growth in Europe, with registrations jumping by approximately 270% in the first five months.
Germany, which long resisted tough trade actions against China, has now shifted toward supporting trade defense tools. Beatrice Kämmer, director of the German Automotive Research Center, has revised her forecast for Chinese brands' European market share from 20% by 2035 down to 15%, stating, "We are at a turning point."
Original article: toutiao.com/article/1870519404788748/
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