China’s plug-in hybrid exports spike in wake of EU tariff exemption

Jun 25, 2025 | INVESTING

Chinese plug-in hybrid electric cars are rapidly flooding the European market, with exports to the bloc rising an extraordinary 600 per cent year on year in May as China’s brands take advantage of an exemption in European Union tariffs.
The trend is part of a wider boom in sales of Chinese passenger plug-in hybrid electric vehicles (PHEVs), with China’s overall exports of the cars soaring 127 per cent year on year in May, according to data released on Monday by the China Automobile Dealers…

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