In November, Chinese EV brands had mixed results in the largest European auto market. MG was down 33%, Xpeng was down 19%, BYD was up 24%, and Nio increased by 93%. 244,544 new passenger vehicles were registered in Germany in November, down 0.5% from the previous year, which is nearly flat. 14.4% were battery electric […]
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BYD will take control of its own distribution and spare parts in the German market as part of its attempts to gain sales.
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Chinese brands accounted for 12% of BEV sales in Germany.
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The EV subsidies are gone in Germany.
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In 2023 Nio registred 1263 EVs, BYD 4,139 EVs and MG 21,232 EVs in Germany.
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Smart up 50%, MG down 21%, Nio down 82%.
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Geely's Smart scored the highest growth among all brands in Germany: +137%.
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Nio entered four EU markets a year ago on October 7, 2022.
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Chinese EVs exploded in August in Germany, Nio being 834% up and BYD 403% up from previous month.
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First Musk in China, now William Li in Germany.
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