Chinese share of French EV market slumps after incentives curbed [Reuters]
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Source: Reuters
A surge in imports of Chinese electric cars into Europe has triggered EU tariff threats, which are expected to be a bone of contention when his Chinese counterpart for a state visit on Monday. France, however, did not wait for a European Union decision on implementing tariffs, instead its cash bonus scheme in December to exclude the purchase of models made in China, which have rapidly gained market share. In the months ahead of the move, the three most popular Chinese-made cars sold in France - the Dacia Spring (Renault ), Tesla's Model 3 and SAIC's MG4 - accounted for 22% of the market, according to Reuters calculations using data from the companies and industry body AAA Data. Reuters Graphics Their share then surged to 32% in December ahead of the new eligibility rules that require vehicles to meet criteria covering how much carbon is emitted during the manufacturing process and transport to market, favouring vehicles made in Europe. The three models' share of the market
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