The share of Chinese cars in the European market has reached a record high.
According to Modern.az, citing foreign media, in May, the share of Chinese car brands in new car sales in Europe exceeded 11 percent for the first time.
According to the information, hybrid and plug-in hybrid cars played a major role in the increase in sales. It is reported that these cars were more competitive because they were not included in the additional customs duties imposed by the European Union against Chinese-made electric vehicles.
Experts believe that European buyers are more attracted to Chinese cars by their affordable price, rich equipment, and high technical specifications.
It is noted that in recent months, sales of Chinese brands such as BYD, MG, Omoda, and Jaecoo have increased significantly. The largest increase was recorded in the markets of the United Kingdom, Germany, Italy, and Spain.