Latest news with #Dataforce
Time of India
3 days ago
- Automotive
- Time of India
Chinese EVs grab biggest mkt share in Europe in nine months
Chinese automakers captured the biggest share of Europe's electric-vehicle market in nine months, regaining ground lost after the European Union imposed tariffs last led by by BYD grabbed 8.9% of the region's EV market in April, the most since July, according to researcher Dataforce. Chinese hybrid and combustion models also gained traction. The latest figures underline the potent and evolving challenge Chinese manufacturers pose to European rivals. While EU duties that took effect in November initially halted Chinese EV gains, the past two months show renewed momentum. BYD, MG and others have also ramped up sales of more-conventionally powered models, adding to the pressure. "The Chinese brands did successfully adapt to the new market surroundings," said Julian Litzinger, a Dataforce analyst. A big upswing in Chinese hybrid sales "boosts their performance in Europe overall." Chinese brands accounted for 7.6% of hybrid car sales across Europe last month, Dataforce said, up from less than 1% a year earlier.
Yahoo
7 days ago
- Automotive
- Yahoo
Lynk & Co turns to PHEV with 200 km electric-only range in bid to end sales slump
GOTHENBURG, Sweden — Geely subsidiary Lynk & Co is looking to reverse a steep sales slump in Europe with the addition of the 08, a midsize SUV that can drive 200 km (124 miles) in electric-only mode. Lynk & Co's sales of its two-model lineup, the 01 compact SUV and 02 compact hatchback, through April were down 33 percent to 1,653, according to figures from market researcher Dataforce. The plug-in hybrid electric vehicle will be aimed at car buyers reluctant to switch to full electric. 'For plug-in hybrid customers, we think the long electric range will stand out as a clear upgrade,' Lynk & Co CEO Nicolas Lopez Appelgren told Automotive News Europe during a driving event for the 08 here May 13. 'EV drivers, on the other hand, may see it as a more practical option given the current state of charging infrastructure. And for high-end petrol buyers, the similar price point could make switching to a plug-in hybrid an easy decision.' Until recently, the electric-only range on most PHEVs was less than 100 km — and in many cases only about 50 to 60 km. Several automakers debuted long-range PHEVs with bigger batteries — the 08's pack is 39.6 kilowatt-hours — toward the end of 2024 ahead of a Jan. 1 deadline that increased emissions ratings for the technology to better reflect real-world use. At the same time, some Chinese brands launched PHEVs in Europe, notably BYD, to avoid EU tariffs on battery-electric vehicles made in China. PHEV sales were up 32 percent in April, according to Dataforce. The bestselling model last month was the BYD Seal U, followed closely by the Volkswagen Tiguan and Volvo XC60. Sign up for the Automotive News Europe Focus on Electrification newsletter, a weekly wrap-up of the latest electric vehicle news, including interviews and global EV sales data. Lynk & Co also will avoid the higher tariff on the China-made 08. The midsize SUV enters a part of the segment that has seen huge growth this year, with overall sales of models with PHEV powertrains up more than 200 percent to 51,823 after four months. Seven of the 10 top-selling PHEV midsize SUV are new to the niche. Another limiting factor for PHEVs was the time it took to replenish the batteries, often several hours using AC charging. PHEVs with longer ranges offer DC fast charging, which for the 08 means it's possible to boost the batteries to 80 percent from 10 percent in about 30 minutes at 85 kilowatts. Using AC charging at 11 kW means charging to 100 percent take four and a half hours. The 08 offers a combined 345 hp of power from its four-cylinder gasoline engine and electric motor. The 08's cockpit is dominated by an iPad-like touchscreen in the center of the dashboard, below which is an inductive pad to provide wireless charging for up to two smartphones. Built-in car sharing, integrated Wi-Fi, a specially designed Harman Kardon sound system, and advanced driver-assistance features — from park assist sensors to driver monitoring — are included. Customizable 'modes' are also available. They include a 'relax mode,' with soothing music and sunshades, and a 'pet mode' that turns on the climate control system and displays a message informing passersby that the pet is safe from freezing or overheating and that the owner is aware it is inside the vehicle. The 08 comes in two trims, Core and More, with the More package offering larger wheels, heated rear seats and an upgraded Harmon Kardon sound system. Target buyers: Range-anxious families What's good: Having an electric-only range of 200 km What's bad: Constant warnings from the driver-assistance systems that are likely to force more people to turn them off Launch date: June 2025 Starting price: €55,995 in Germany ($63,500) Platform: CMA Evo Built: Yuyao, China Annual production forecast: 6,000 in 2025, 12,000 in 2026 Lowest CO2 emissions: 23 g/km
Yahoo
21-05-2025
- Automotive
- Yahoo
BYD, Chery and MG propel Chinese sales to 79% growth in Europe in April
Sales of Chinese brands in Europe continued to grow at a torrid place in April, up by 79 percent to more than 50,000. In a total market that was flat at 1,085,000 sales, Chinese automakers' market share grew to 4.6 percent from 2.6 percent in the same period in 2024, preliminary figures from market researcher Dataforce show. BYD had the biggest volume growth among Chinese automakers, adding almost 10,000 sales compared with April 2024 for a total volume of 12,558. BYD's growth was boosted by the Seal U midsize SUV that added almost 6,000 units in the month — most of which were the new plug-in hybrid variant. Chery had the biggest percentage growth, up 1,149 percent with sales of 5,773 in the month. The automaker's growth was boosted by its Jaecoo and Omoda upscale brands, which were launched in Europe last year. Chery started from a low base of 462 sales in April 2024. Sign up for the Automotive News Europe By The Numbers monthly newsletter delivering data and commentary on European sales. Sales at MG Motor, which is owned by SAIC, grew by 25 percent to 21,735, led by the MG 3 small car, which added more than 4,400 sales in April compared with last year, for a total of more than 4,900 for the month. Despite stronger growth rates from its rivals, MG remained comfortably the top Chinese brand in Europe for the month, as well as for the first four months, with sales of 99,627, ahead of BYD at 41,409 and Chery at 21,571. This embedded content is not available in your region. Extra tariffs imposed by the EU since November on electric cars imported from China continue to move Chinese OEMs mix away from BEVs. Overall, in April, sales of Chinese cars rose by 79 percent to 50,173 with: Electric vehicle sales up 41 percent to 16,458 Plug-in hybrid sales up by 534 percent to 9,472 Full hybrid sales up by 3,946 percent to 8,619 Gasoline sales up by 11 percent to 13,786 Sales at Geely Group, which in addition to its namesake brand includes Lotus, Lynk & CO, Polestar and Zeekr — but not Volvo — grew by 31 percent to 4,043, making it the fourth-largest Chinese automaker in Europe. Xpeng, with sales up 270 percent to 1,665 in April, narrowed the gap to fifth-place DR Motor. Sales at DR, an Italian company that distributes mainly in Italy vehicles built in China by various automakers, fell by 15 percent to 2,096. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Times
08-05-2025
- Automotive
- Business Times
Chinese automakers crank up sales of cars with combustion engines in Europe
[LONDON] Chinese electric vehicles (EVs) are losing momentum in Europe, but the nation's automakers are selling more cars than ever in the region by throttling up deliveries of hybrids and combustion engine-powered models. The number of Chinese-brand cars registered across Europe hit record levels in the first three months of the year, exceeding 150,000 vehicles, according to figures provided by Dataforce, which tracks auto sales. The monthly total hit an all-time high in March. EVs were just 30 per cent of registrations in the first quarter, the smallest portion since at least the start of 2020. Until recently, Chinese automakers had prioritised selling EVs in Europe, spurred by the region's ambitious targets to lower carbon emissions and the desire to lead in the emerging segment within a global industry. That changed when the European Union imposed higher tariffs on Chinese-made EVs last year, after determining that generous subsidies from Beijing had created an unfair advantage for its battery-powered car industry. With multiyear gains in EV sales at a plateau, Chinese carmakers have turned to more conventional drivetrains to pick up the slack. For the first time, EV powerhouse BYD is selling significant numbers of plug-in hybrids in the EU and the UK. Saic Motor's MG sold almost 47,000 hybrid, plug-in hybrid and combustion engine-powered cars in EU countries in the first quarter, according to Dataforce. That was more than double its early 2024 tally, while EV sales fell by half. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up One reason for the shift to fossil fuel-burning models has been the added EV levies, which raised import duties to as high as 45 per cent in the case of state-owned Saic. But European customers also have turned away from pure EVs in favour of hybrids more broadly, and Chinese manufacturers are adjusting along with their European counterparts, said Benjamin Kibies, a senior automotive analyst at Dataforce. 'The Chinese have accelerated and intensified their efforts to introduce other fuel types,' Kibies said. 'Tariffs are part of the puzzle, but also a slower EV uptake' and rising demand for hybrids, he added. The trend has been underway since the second half of last year, when the EU started setting the higher duties. The added tariffs apply to all EVs made in China and are intended to level the playing field for European manufacturers and their suppliers. While the moves thwarted Chinese brands from seizing more of the EV market, they also risk undermining the bloc's environmental goals. Concerns that the surcharges would slow the adoption of electric cars by making Chinese imports more expensive largely have come to pass, even if the duties are only part of the equation. Manufacturers led by Volkswagen and Stellantis now face intensified competition across their model lineups. In March, Chinese automakers reached 5.2 per cent of all European auto sales, passing the 5 per cent mark for the first time. MG's sales of combustion engine and hybrid cars more than doubled in Spain in the first quarter, and rose from minuscule levels to more than 5,500 units in France. In Italy, the British sports car brand that's been Chinese-owned since the mid-2000s registered a 57 per cent rise in these categories. BYD too is seeing more demand for its hybrid models in Europe this year, regional chief Maria Grazia Davino said at an industry event last month in Stuttgart, Germany. 'In the near future we will have two pillars,' she said. 'One is electric.' BYD is expanding its dealer network, building factories in Hungary and Turkey to make EVs that will not be subject to tariffs, and is considering a third plant in Europe. Still, the company has surprised some by introducing higher-end models and refraining from using its cost advantages to undercut competitors. 'We have no interest in destroying ourself and the industry by initiating the pricing spiral that goes, goes down,' Davino said. BLOOMBERG
Bloomberg
08-05-2025
- Automotive
- Bloomberg
Chinese Automakers Crank Up Sales of Cars With Combustion Engines in Europe
Chinese electric vehicles are losing momentum in Europe, but the nation's automakers are selling more cars than ever in the region by throttling up deliveries of hybrids and combustion engine-powered models. The number of Chinese-brand cars registered across Europe hit record levels in the first three months of the year, exceeding 150,000 vehicles, according to figures provided by Dataforce, which tracks auto sales. The monthly total hit an all-time high in March.
