Chinese automakers are ramping up hybrid vehicle exports to Europe, strategically sidestepping the European Union’s steep electric vehicle (EV) tariffs.
These tariffs, up to 45.3%, were introduced in October to counter alleged unfair subsidies in China’s EV sector.
Leading brands like BYD are expanding hybrid offerings, with exports projected to grow 20% this year, according to Counterpoint Research analyst Murtuza Ali. By prioritizing plug-in hybrids (PHEVs), manufacturers aim to avoid EU tariffs that target battery-powered EVs (BEVs).
Some automakers are even moving production to Europe to reduce costs and enhance market competitiveness. This pivot comes as China’s slowing economy pressures automakers to seek international growth.
As hybrids gain ground in Europe, Chinese brands challenge traditional players by offering cost-effective, fuel-efficient models, signaling a significant shift in the automotive market.
