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JPMorgan: Chinese Automakers Expected to Capture 20% of Western European Market Share by 2028
2 day ago /
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Author：小编
JPMorgan released a report on May 7, raising its forecast for Chinese automakers' market share in Western Europe, projecting it to rise to 20% by 2028, a significant increase from its previous estimate of 10%-15% by 2030. The institution predicts that Chinese passenger vehicle sales in Western Europe could reach 2.5 million units by 2028, a substantial growth from approximately 1 million units in 2025. JPMorgan advises investors to focus on new energy vehicle manufacturers such as BYD, Geely, Leapmotor, and XPeng, which have high overseas revenue proportions and rapid growth rates.
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