Zhineng Monthly Report | Analysis of European New Energy Market Data in February (Part II)

Sales of New Energy Vehicles by Brand in Major Countries

Tesla’s delivery in Europe has accelerated, and it has gained a foothold in countries such as Germany and France.

Chinese new energy vehicles do not have significant sales in Europe, but MG has performed outstandingly.

Europe Reviews in February:

1) As the impulse effect of last year ended, the demand for most countries in Europe began to recover, and car companies started to adjust their prices.

2) New energy vehicles headed by Tesla have performed well in Europe. The sales effect brought about by Tesla’s price reduction has exceeded expectations in Europe.

3) The supply of new energy vehicles in Europe is still relatively limited, and the products are relatively single. However, the Chinese automotive industry has not opened up a particularly large situation.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.