Chalffy
By Carsten Brzeski & Inga Fechner
In the last quarter of 2023, the Chinese car manufacturer BYD (OTCPK:BYDDF) sold more electric cars worldwide than any other manufacturer for the first time, even overtaking electric car pioneer Tesla (
Between Doomsaying And Reality: There's Still No Rush For Chinese Cars In Germany
Summary
- Despite efforts by Chinese car manufacturers to take market share in Germany, they are still a long way from overtaking local producers.
- But with the end of the e-car subsidy, a wider choice of Chinese brands, and the aggressive pricing of models, China's market share could increase significantly over the coming years.
- The risk of Chinese car manufacturers taking over the German automotive market is more doomsaying than reality right now.
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