Alarm bells sound in Brussels as EU sales of Chinese hybrid cars rocket

Sales of Chinese hybrid cars in the EU have increased dramatically over the past four and a half years, with the number of vehicles sold rising from just 659 in 2022 to a significant figure. This growth is particularly concerning for European carmakers, as it suggests that imported vehicles from China are gaining popularity. The EU imports three times more from China than it exports there, which could have significant implications for the European car industry's future competitiveness.

Why it matters

The EU's carmakers are facing increased competition from Chinese hybrid cars. This could lead to a decline in their market share and profits.

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