Glut of Chinese Plug-In Hybrids Threatens European Automakers

Chinese brands captured 12% of Europe's new car market in August, driven by plug-in hybrids that avoid EU import tariffs, according to Dataforce. Hybrid and EV sales rose 27%, and the European Commission is preparing new tariffs on hybrids later this year.

• Chinese brands took 12% of European new car sales in August
• Hybrid and EV sales rose 27%, total market up 4.6%
• Chinese cars hold 6.4% of Germany's market, Europe's largest
• The EU Commission is preparing tariffs on hybrids this year