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Would China’s EV Dominance Spark EU Securitisation?
Chinese EVs are taking over Europe’s streets. BYD overtakes Tesla in the European market selling three times as many vehicles as in August 2024 and surpassing Tesla for the second consecutive month, with a market share of 1.3% compared to Tesla’s 1.2%, whose sales fell 36.6%. SAIC Motor, another Chinese brand, saw sales rise 59.4%, reaching a year-to-date market share of 1.9% and ranking as the tenth best-selling brand in the EU. While Scandinavian countries embraced Chines

Phoebe Chow
Dec 7, 20252 min read
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