BYD, MG, Leapmotor and others are shifting toward hybrids as EU tariffs squeeze Chinese BEV competitiveness. By Stewart Burnett
Chinese automakers have captured a record 9.8% share of Europe’s hybrid market in August, according to data from Dataforce (seen by Bloomberg), marking the fourth new high for the year as they expand beyond battery-electric vehicles (BEVs). They also held 9.6% of the BEV segment—slightly down from July, but still a significant presence as European incumbents face pressure from more affordable Chinese models.
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