Chinese automakers are posting impressive export figures, but a local market dominated by leasing means rapid vehicle depreciation could put the brakes on their expansion

China-made electric vehicles (EVs) accounted for 14.2 percent of European market sales in the first five months of 2026 despite the EU’s steep tariffs. The growth showed that…

Chinese automakers are posting impressive export figures, but a local market dominated by leasing means rapid vehicle depreciation could put the brakes on their expansion