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US Media Reports: Chinese Brands Capture 34% Share of Europe's Plug-in Hybrid Vehicle Market, Hitting All-Time High
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Author：小编
In June, Chinese automotive brands secured a 34% share of the plug-in hybrid vehicle (PHV) market in Europe, achieving a historic peak. Over the same timeframe, these brands also claimed an 11% portion of Europe's overall new vehicle sales, while their presence in the pure electric vehicle (EV) sector maintained a steady 15% market share. In response to evolving tariff policies, Chinese brands have strategically pivoted towards plug-in hybrid vehicles and have proactively pursued localized manufacturing initiatives across Europe. Since September 2023, they have unveiled plans for 10 production base projects.
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