Form 6-K Li Auto Inc. For: May 31

Go back to Form 6-K Li Auto Inc. For: May 31

Analysts watch closely as Chinese EVs battle for market share in Europe

June 1, 2023 10:24 AM EDT

As new EV competitors push into Europes mass market segment, how much market share will they be able to take? Analysts are keeping a close eye on the next 24 months for significant indicators of the potential risks that incumbent European automakers may face and the extent to which their market share could be at stake.

The annual sales of new cars in Europe far surpass $100 billion. With the increasing adoption of battery electric vehicles (BEVs) in Europe, the market will witness a steady flow of highly competitive offerings from established companies as well as new... More