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Chinese brands gain as Europe car sales rise

Wed, 27th May 2026 05:00

May 27 (Reuters) - Demand ​for ⁠electrified cars kept Europe's auto ​market growing in April, offsetting weaker petrol and diesel demand and helping Chinese ​brands ‌extend their market share, data from the European Automobile Manufacturers' Association showed ⁠on Wednesday.

Registrations in the European Union, ⁠Britain and the European Free ​Trade Association rose 7% to 1,152,315 vehicles in April, taking the total for January through April 4.8% above a year earlier, according ​to ‌the data.

Electrified vehicles (battery-electric, plug-in hybrid and hybrid models) rose about 21% and made up more than two-thirds of total registrations, while petrol and diesel cars fell about 15% and 17%, respectively.

The ​figures add to evidence that policy support, subsidies and higher fuel ‌costs are pushing buyers towards lower-emission vehicles, especially in the region's biggest markets.

TESLA GAINS GROUND, ‌AS DO CHINESE AUTOMAKERS

That shift also continued to reshape competition among carmakers.

Tesla extended its recovery for a third straight month, ​with April registrations rising 46.5% to 10,654 units after more than a year of ‌declines, but it remained behind China's BYD, whose registrations jumped 114.5% to 27,008 vehicles.

Chinese carmaker Chery also expanded rapidly, with registrations up ⁠about ⁠322%, while established manufacturers posted mixed results: ‌Volkswagen rose 3.5%, Stellantis 6.7%, Bayerische Motoren Werke 2.4% and Mercedes-Benz 7%, while Renault ​fell 3.6%.

Italy, ​France and Germany were among the strongest ‌markets for battery-electric vehicles in the first four months of the year, with registrations up about 73%, 48% and 41%, respectively.

Corporate News Economic News Mining Construction & Materials Engineering & Industrials Automotive Electronics Government & Politics Renault STELLANTIS Tesla

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