Chinese language car registrations within the first month of the yr have been principally up. BYD was up 69%, MG was up 84%, Nice Wall Motor was up 267%, whereas Nio was down 33% year-over-year (YoY). For comparability, Tesla was down 59.5% YoY.
In January, the brand new car registrations have been down 2.8% YoY to 207,640 items in Germany. Registrations of battery electrical autos (BEVs) have been up 53.5% year-over-year to 34,498 items. Registrations of plug-in hybrids (PHEVs) have been up 23.1% to 17,712 items. BEVs represented 16.6% of auto registrations, whereas PHEVs represented 8.5%.
The brand new car registrations are revealed by the German Federal Motor Authority, which tracks new automobile plate registrations within the nation and compiled by CarNewsChina.
SAIC-owned MG acquired the primary spot with 1,645 registered autos, down 11.3% from 1,854 items in December and up 84% from 896 autos in the identical month final yr. In 2024, MG offered 20,977 autos in Germany.
EU import duties hit state-owned SAIC the toughest because it was a non-cooperative firm. MG is topic to an extra 35.3% tariff to the EU on high of the prevailing 10% responsibility, making the entire tariff fee 45.3%.
Nice Wall Motor (GWM) registered 330 autos below its Ora model, down 24.8% from 439 items in December and up 267% from 90 autos in the identical month final yr. In 2024, GWM offered 3,002 autos in Germany.
Geely’s Polestar registered 235 autos, down 28.4% from 328 items in December and up 114% from 110 autos in the identical month final yr.
In 2024, Polestar offered 3,187 autos in Germany. All Polestar EVs offered within the EU are China-made in Geely crops, primarily in Chengdu and Hangzhou.
Geely is topic to an extra 18.8% tariff, bringing the entire import responsibility to twenty-eight.8%.
BYD registered 235 autos, down 27.2% from 323 items in December and up 69% from 139 autos in the identical month final yr. In 2024, BYD offered 2,891 autos in Germany.
Volkwagen-backed Xpeng registered 94 autos, 5.1% down from 99 in December. YoY comparability is unavailable as Xpeng entered Germany in March 2024, with deliveries beginning within the yr’s second half.
In 2024, Xpeng registered 362 autos in Germany, and in December, the corporate introduced it reached the milestone of 10,000 delivered automobiles in Europe.
Lotus registered 42 autos, up 2.4% from 41 items in December and up 121% from 19 autos in the identical month final yr.
In 2024, Lotus offered 365 autos in Germany.
Nio registered 18 autos, down 41.9% from 31 items in December and down 33% from 27 autos in the identical month final yr.
In 2024, Nio offered 398 autos in Germany. Nio is topic to an extra 20.7% import tariff from the EU, and the entire tariff is now 30.7%.
For comparability, Tesla registered 1,277 autos, down 59.5% from the identical month final yr.
In October 2024, the EU finalized its determination to impose definitive countervailing duties on battery electrical car (BEV) imports from China. The finalized duties have been set as follows:
- BYD: 17.0%
- Geely: 18.8%
- SAIC: 37.6%
- Nio, Xpeng, and different cooperative firms: 20.7%
These duties are along with the prevailing 10% tariff and are set to stay in drive for 5 years till the top of October 2029.
