
Chinese Automakers Break into a €10 Billion Market in Europe
In 2024, China became the largest source of automotive imports for the European Union, with import volumes reaching €12.7 billion (approximately RMB 102.86 billion). According to the EU, automotive imports from China surged by an astounding 1,591.3% between 2019 and 2024. However, on-the-ground research by Yiou Auto reveals that behind this hundred-billion-yuan market lies a reality filled with passivity, awkwardness, and neglect for Chinese car brands in the European market