Sales of Chinese-made electric cars are booming in Germany, the Federal Statistical Office (Destatis), said on Friday.
Their share of imported electric drive passenger cars surged to 28.2 per cent in the first quarter of 2023.
This figure compared with 7.8 per cent in the same period last year.
German imports of Chinese-made electric cars increased more than sixfold year-on-year to a value of almost 925 million euros ($1 billion) in the first three months of the year, according to Destatis.
Germany register China as a manufacturing country of its passenger car registration figures since last year.
But it has already achieved a market share of just under one per cent, bypassing the United Kingdom, according to the Federal Motor Transport Authority (KBA).
MG Roewe recorded highest number of passenger car registrations among Chinese manufacturers in Germany.
Read Related News:
Electric car sales to leap 35% in 2023
Tanker crushes 4 to death in Abeokuta
Mercedes-Benz boosts profitability in 2022
It sold 3,843 vehicles in the first three months of 2023.
This includes 3,131 units with an electric drive, according to the KBA.
Electric vehicle brands, Polestar and Lynk, also brought more than 1,000 vehicles to the country’s streets each.
Nio sold 136 cars after its market entry.
Chinese electric carmaker, Nio has ambitious growth plans for Europe.
In addition to its core brand Nio, the company has announced the launch of two other brands, one of which will be explicitly aimed at the European market in the price segment below 30,000 euros.
Nio founder, William Li, said in late April that there was a “huge demand” for small and compact electric cars in Europe. (1 euro = 1.09 U.S. dollar)
Do you have a flair for Citizenship Journalism? Share story(ies) of happenings in your area with The NewsZenith on WhatsApp: 08033668669 or thenewszenith@gmail.com
