Group 1 - The EU electric vehicle market is expected to open clear growth opportunities for Chinese automakers as the removal of tariffs is anticipated [1][3] - Chinese brands have significant potential for increased penetration in the EU market, with 2024 exports projected to account for 13.5% of total domestic passenger car exports [1][2] - The concentration of sales among Chinese brands in the EU is notable, with SAIC and BYD being the leading players, holding 65.9% and 15.7% market shares respectively [2] Group 2 - The EU has agreed to replace tariffs on Chinese electric vehicles with a minimum price mechanism, which is expected to support the pricing strategy of Chinese brands [3] - The minimum price mechanism is likely to elevate the pricing of some key models from Chinese brands, which currently have competitive pricing below €30,000 [2][3] - The market share of Chinese electric vehicles in the EU remains low, with less than 5% in various countries, indicating substantial room for growth as local production and market entry strategies develop [1][2]