Chinese brands accounted for 16% of Europe's electrified car market in December, and 11% for all of 2025, more than doubling from 2024. Chinese automakers built nearly one in 10 passenger cars sold in Europe last month, a record share that caps a year of rapid growth led by brisk sales of hybrid and battery-powered vehicles. Financial. . If by 2027 the share of Chinese electric cars reaches 25%, German factories will be forced to halt assembly lines.
[PDF Version]
This guide explores the current state of electric cars in Cyprus, costs, incentives, charging infrastructure, and benefits, helping potential buyers and businesses make an informed decision. To address the rising demand for electric vehicle chargers in Cyprus, the shopping center aimed to offer free electric charging stations. . Electric carmaker opens first showroom in Nicosia on May 29 Newsroom 28 MAY 2025 - 08:43 Chinese electric vehicle giant BYD is officially driving into the Cypriot market, and it's coming in full throttle. Backed by the Sfakianakis Group, BYD, short for "Build Your Dreams", is launching operations. . "While Cyprus remains behind in EV adoption, it has made remarkable progress in just three years since introducing subsidies,” says Dinos Lefkaritis Jr., President of the Cyprus E-Mobility Association. The numbers back him up: in 2024, the EV market share in Cyprus nearly doubled from 2. BYD, short for “Build Your Dreams,” will open two showrooms, the second being in Limassol. .
[PDF Version]
Kazakhstan saw a 36-fold rise in the sale of Chinese EVs in 2024, with projections reaching 40,173 vehicles by 2035. While some Western countries imposed tariffs to curb Chinese EV imports, Central Asia embraced them, offering tax breaks and facilitating local production. With the increasing awareness of environmental protection and sustainable development, the electric vehicle and charging market in Central Asia is experiencing a series of. . Current EV Market Landscape & Charging Demand in Kazakhstan As Kazakhstan pushes toward green energy transition (per its Carbon Neutrality 2060 target), the electric vehicle (EV) market is experiencing exponential growth. In 2023, EV registrations surpassed 5,000 units, with projections indicating. .
[PDF Version]
The Brazil electric vehicle market generated a revenue of USD 2,355. 3 million in 2024 and is expected to reach USD 14,810. 3 million in 2024. . The market exhibits a clear consumer preference shift towards plug-in hybrid electric vehicles (PHEVs) over battery electric vehicles (BEVs), with PHEV sales experiencing a significant growth rate. The country's growth is driven by government incentives for EV adoption, expanding charging infrastructure, and increasing consumer. . Despite limited infrastructure and high import taxes, Brazil is experiencing a growing demand for electric vehicles due to increasing environmental awareness and government incentives.
[PDF Version]
According to the Port of Barcelona, in 2023 it handled over 720,000 vehicles, of which 90,000 were electric vehicles produced in China. This trend is in line with a recent study by PwC global consultancy, which predicts that by 2025 up to 800,000 Chinese-built cars could be sold. . BARCELONA, Spain, Jan. This increase includes exports, transits, cabotage and, above all, imports, which. . Spain's ambitious multi-billion-euro plan to become Europe's leading player in the electric vehicle market presents a golden opportunity for Chinese car brands, which could be vital to the strategy's success, according to analysts. The Spain Auto 2030 Plan, presented by Madrid on Wednesday, seeks. . A car from Arcfox, an EV marque of BAIC Group, is on display at Wuhan Motor Show 2023, Oct 13, 2023. [Photo/VCG] FERROL -- Arcfox, the electric vehicle (EV) brand of Chinese giant automaker Beijing Automotive Industry Corporation (BAIC), in collaboration with Spanish Atium Logistic Group, has. . On February 15, 2024, Chinese electric vehicle (EV) brand ARCFOX signed a strategic cooperation agreement with the Port Authority of Ferrol in the Galician region of Spain. ARCFOX will use the Port of Ferrol as the European import base for its EVs.
[PDF Version]
Customs and tax exemptions, introduced in recent years, have made electric vehicles more affordable for the average consumer. This dramatic shift reflects the country's commitment to sustainable transportation and its ambitious goal of having 30% of all vehicles on its roads be. . Jordan's automotive market is undergoing a dynamic transformation, driven by a remarkable surge in electric vehicle (EV) adoption. While small in regional scale, Jordan has emerged as a leader in EV penetration across the Middle East, offering compelling opportunities for U.
[PDF Version]
Market demand for EVs in Jordan is growing, driven by government support and increasing consumer interest. Despite the economic benefits of EVs, such as lower fuel and maintenance costs, high initial purchase costs remain a barrier. Addressing these cost challenges through subsidies and financing options is essential to sustaining market growth.
Widespread EV adoption would lead to significant reductions in greenhouse gas emissions and improvements in air quality, particularly in densely populated cities like Amman. Cleaner air has direct public health benefits, reducing respiratory and cardiovascular illnesses caused by vehicle emissions.
The EV market in Jordan is currently growing, yet further incentives and financing options are needed to make EVs more affordable for a broader segment of the population. Additional measures such as low-interest loans and leasing programs can lower the financial barriers associated with EV ownership.
The advantages of EVs on the Jordanian economy are evident. According to the Jordan Free Zone Investor Commission, 34,902 EVs have been cleared during the January-November period of 2023, marking a 140 per cent increase compared with the same period last year.
Menu
