EU EV Tariffs Shift Production, Chinese Brands Grow

EU electric car tariffs reduced Chinese-made EVs' market share to 17% in Q1 2026 from 22% in 2024, driven by Western brands moving production to Europe. Chinese brands' BEV imports grew, now over half of Chinese BEV imports. Chinese battery imports increased sevenfold. T&E projects weaker CO2 targets could raise Chinese brand EV share to 30% by 2035.