Chinese electric vehicle (EV) makers and Tesla are locked in a tug of war across western Europe, taking advantage of rising consumer demand for battery-powered vehicles as volatile oil prices drive buyers away from traditional models.
Chinese brands – including BYD to Xpeng – saw their combined market share of new car sales across 18 Western European countries rise to a record 10.7 per cent in the second quarter of 2026, up from 5.7 per cent a year earlier, data from Germany-based consultancy...
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