Rho Motion: BYD and Chery turn to PHEVs to bolster EU growth

Heavy tariffs on Chinese-made BEVs are pushing the country’s automakers to focus on PHEVs instead. By Stewart Burnett

Chinese automakers BYD and Chery are increasing their focus on plug-in hybrid vehicles (PHEVs) in the EU to navigate high tariffs on their battery-electric (BEV) models. This strategy, first enacted in 2024, is beginning to bear fruit, as new data from research firm Rho Motion reveals.

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