Tariffs cannot stop European consumers from buying Chinese cars

Since October last year, when the European Union imposed tariffs of up to 35.3% on electric vehicles imported from China, overall demand for cars in Europe has weakened. In June this year, car registrations fell by 4.4% year-on-year, but the market share of Chinese cars has seen counter-cyclical growth. Data shows that from the beginning of this year to now, the registration of Chinese cars in Europe has surged by 91%; in the first half of this year, the market share of Chinese brand cars in Europe nearly doubled, reaching 5.1%, achieving a record market share