Chinese brands such as BYD and MG are rapidly rising in the European market

2024-12-26 00:33
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From 2019 to 2023, the share of Chinese local brands such as BYD and MG in the European electric vehicle market increased from 0.4% to 7.9%. T&E predicts that by 2027, these companies may account for 20% of the European electric vehicle market.