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Hybrid Demand Surge Propels Chinese Brands to Capture Nearly 12% of European New Car Sales in August
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Author：小编
In August, Chinese automotive brands, with BYD leading the charge, made significant inroads into the European new car market. These brands secured a market share of nearly 12% of the total sales, claimed a quarter of the hybrid vehicle segment, and dominated a third of the plug-in hybrid vehicle market. The month witnessed a notable 27% increase in demand for battery-electric and hybrid vehicles, effectively counterbalancing the decline in sales of traditional fuel-powered cars. Spurred by the burgeoning electric vehicle sector, the overall European new car market experienced a growth of 4.6%.
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