Sales of Chinese e-cars boom in Germany
Sales of electric cars made in China are booming in Germany. Their share of imported passenger cars with an electric drive surged to 28.2 percent in the first quarter of 2023 from 7.8 percent in the same period last year, the Federal Statistical Office (Destatis) said on Friday, Xinhua reported.
Sales of Chinese e-cars boom in Germany
New Age – New Road

Sales of Chinese e-cars boom in Germany

Photo: AFP/Hector Retamal
Eurasia 15/05/2023 06:00

Sales of electric cars made in China are booming in Germany. Their share of imported passenger cars with an electric drive surged to 28.2 percent in the first quarter of 2023 from 7.8 percent in the same period last year, the Federal Statistical Office (Destatis) said on Friday, Xinhua reported.

German imports of Chinese-made electric cars increased more than sixfold year-on-year to a total value of almost 925 million euros (1 billion U.S. dollars) in the first three months of the year, according to Destatis, Xinhua wrote.

China has been listed as a manufacturing country in Germany's passenger car registration figures since last year only, but has already achieved a market share of just under 1 percent by passing the United Kingdom, according to the Federal Motor Transport Authority (KBA), the news agency added.

MG Roewe recorded the highest number of passenger car registrations among Chinese manufacturers in Germany, with 3,843 vehicles sold in the first three months of 2023, including 3,131 units with an electric drive, according to the KBA.
Roewe RX5 (Photo: AFP/Hector Retamal)
Chinese electric carmaker Nio has ambitious growth plans for Europe. In addition to its core brand Nio, the company has announced the launch of two other brands, one of which will be explicitly aimed at the European market in the price segment below 30,000 euros, Xinhua added.
Nio EP9 (Photo: AFP/Hector Retamal)

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