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Chinese EV makers increase sales of PHEVs in Europe to counter the EV tariffs

  • Chinese EV makers are increasing sales of PHEVs in Europe in order to counter the effects of tariffs.
  • From July to October, export of Chinese PHEVs to Europe more than tripled to 65,800 units, compared to the same period in 2023.
  • BYD recently debuted the Seal U DM-i in Europe, a PHEV meant to compete with Volkswagen’s PHEV Tiguan. Seal U DM-i starts at 35,900 euros, 700 euros less than Volkwagen’s counterpart.
  • The EU EV tariffs don’t apply to PHEVs imported from China.
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