Guan Cha Zhe Wang·2025-07-24 08:38Group 1 - In June 2023, car registrations in Europe totaled 1.25 million, a year-on-year decline of 4.4% [1] - Chinese car manufacturers have made significant progress in the European market, achieving a record market share of 5.1%, nearly doubling from the previous year [1][3] - BYD, along with brands like Jaecoo, Omoda, Leap Motor, and Xpeng, saw substantial growth, with BYD registering 70,500 vehicles in the first half of 2023, a 311% increase year-on-year [3] Group 2 - Stellantis experienced the largest market share decline among major manufacturers, dropping from 16.7% to 15.3% [3] - Tesla's market share fell from 2.4% at the end of last year to 1.6% in the first half of 2023, with the new Model Y failing to meet sales expectations [3] - The registration of pure electric vehicles in Europe reached 1.19 million in the first half of 2023, a 25% increase year-on-year, accounting for 17.4% of the market share [3] Group 3 - Chinese electric vehicles are rapidly capturing market share in Europe, despite the EU imposing tariffs of up to 35.3% on imports from China [4] - The competitive pricing of Chinese electric vehicles has proven resilient against protective measures aimed at supporting European manufacturers [4]