16
Aug
16:49
Chinese OEMs inflate EU BEV market share prior to higher tariffs
Chinese OEMs saw their share in the EU new battery electric (BEV) car market rise to 12.4% in June, according to German consultancy Schmidt Automotive Research.
Chief analyst Matthias Schmidt says the record BEV registrations of Chinese brands in West Europe is a result of an “inventory dump” prior to provisional EU tariffs. The import duties increased to up to 48%, from the previous 10%, in early July.
In 12 months, the share stood at 10%, with eve…
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Anonymous
Very good overview of the weekly steel market.
Anonymous