Commentary | Chinese new entrants accounted for 11.2% of all new car enquiries in August
Changan’s launch marks a major moment for the UK EV market. As a state-owned manufacturer with deep pockets and the capacity to plan for the long term, Changan is not testing the waters: it is moving in with deep ambitions for a large dealership network at a price point ready to take on more established rivals like Tesla. Given the UK’s lower tariffs on imports compared to the European Union and particularly the US, we are now a key strategic market for Chinese manufacturers, and we expect their recent growth to continue.
Top 5 New Entrants by lead market share growth
Top 5 new entrants with the biggest market share currently
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