European Auto Market

Chery European Exports Surge 274%, Reshaping China's PV Export Landscape

According to the Gasgoo Automotive Research Institute, China's passenger vehicle exports in H1 2026 showed clear regional divergence. Central and South America recorded the strongest growth, Europe continued rapid penetration, and Southeast Asia remained highly competitive. Chery led the European market with 262,331 units and a year-on-year increase of 274.1%, while Leapmotor and Changan also posted impressive growth rates. Chinese automakers are shifting from scale-driven expansion toward region-specific overseas strategies.

14718 hours ago

Ford and Geely Form Joint Venture in Spain, Multi-Energy Vehicles from 2028

On July 23, 2026, Ford Motor Company and Geely Automobile Holdings announced a manufacturing joint venture at Ford's Valencia, Spain plant. Ford holds 66% and Geely 34% of the JV, which will share a facility with annual capacity of approximately 500,000 units to produce multi-energy vehicles for both brands. Operations are expected to begin in H1 2027, with the first new models rolling off the line in 2028. The move accelerates Geely's European localization strategy while supporting Ford's product offensive in Europe.

16519 days ago

UK to Charge Pure EVs 3 Pence per Mile from 2028

The UK government has confirmed a new electric Vehicle Excise Duty (eVED) effective April 1, 2028. Pure EVs will be taxed at 3 pence per mile, while PHEVs at 1.5 pence per mile, translating to roughly 17 RMB per 100 km for battery-electric vehicles.

51523 days ago

Chinese Automakers' Mid-Game Battle: Collective Overseas Expansion for Growth

Chinese automakers are undergoing a critical transformation from high-speed growth to quality development. With H1 2026 domestic auto sales down 21.1%, overseas expansion has become a necessity. BYD, Chery, and Great Wall posted strong overseas growth, but trade barriers, brand recognition, and localization remain key challenges.

57426 days ago

EU Targets PHEV Loophole: Chinese Automakers' 1.3M Europe Goal Faces New Hurdles

The EU is considering imposing anti-subsidy tariffs on Chinese-made PHEVs. Some automakers without local European production capacity are still engaged in technical consultations on price undertakings. Chinese automakers' European registrations are expected to exceed 1.3 million in 2026.

26727 days ago

Switzerland's New Car Registrations Rise 15.6% in June, BYD Surges 1,827%

Switzerland's new car registrations reached 25,207 units in June 2026, up 15.6% year-on-year. BYD's registrations surged 1,827% during the same period, approaching the top ten, demonstrating the explosive potential of Chinese NEV makers in smaller European markets.

54327 days ago

European Auto Market

Chery European Exports Surge 274%, Reshaping China's PV Export Landscape

Ford and Geely Form Joint Venture in Spain, Multi-Energy Vehicles from 2028

UK to Charge Pure EVs 3 Pence per Mile from 2028

Chinese Automakers' Mid-Game Battle: Collective Overseas Expansion for Growth

EU Targets PHEV Loophole: Chinese Automakers' 1.3M Europe Goal Faces New Hurdles

Switzerland's New Car Registrations Rise 15.6% in June, BYD Surges 1,827%

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