Chinese Brands Gain as European Car Sales Rise 7 Percent
European car registrations rose 7% in April as electrified vehicle demand offset falling petrol sales. Chinese brands BYD and Chery gained further market share.
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Xurve View
European car registrations rose 7% to 1,152,315 vehicles in April as electrified models captured two-thirds of the market. Total registrations for January through April are 4.8% higher than the previous year. Chinese manufacturers are aggressively gaining market share as European buyers pivot away from petrol and diesel engines.
