Schmidt Automotive Research

Delivering European automotive market data intelligence. Incisive trend analysis to assist in strategic decision-making.

[Schmidt Automotive Research @EuroEVReport]

🚨Volvo Cars to benefit from EU regulatory credits from Suzuki in 2024
https://t.co/5Lca5s9xgC

[Schmidt Automotive Research @EuroEVReport]

@electricfelix @BYDCompany Not yet. <1K YTD

[Schmidt Automotive Research @EuroEVReport]

. @BYDCompany delivered the most Chinese-brand BEV pure electric passenger cars across Western Europe during August, surpassing SAIC's MG brand for the first time, according to Schmidt Automotive Research's monthly European Electric Car Study data.

[Schmidt Automotive Research @EuroEVReport]

Chinese new passenger car brands saw their share of the W-European new BEV passenger car market fall to just 8.3% of the total regional BEV market during August, according to the latest research of the European Electric Car Study published by #SchmidtAutomotiveResearch each month

[Schmidt Automotive Research @EuroEVReport]

After nine months this year, 🇬🇧 is within 6,500 units of becoming 🇪🇺's largest BEV market, according to Schmidt Automotive Research using industry data.

The introduction of the ZEV mandate has boosted UK BEV volumes.

During the same time last year it trailed 🇩🇪 by 149K units.

[Schmidt Automotive Research @EuroEVReport]

Chinese passenger car brands fell at a far faster rate than an already sluggish total regional W-European car market in August...

But why?

We provide the data, the narrative behind the data, and the answers each month/quarter in our exclusive studies:

https://t.co/HxrW2YLddV

[Schmidt Automotive Research @EuroEVReport]

The UK government (new/old), as well as commentators and enthusiasts falling over themselves with a 2035/30 populist @BorisJohnson ICE phase-out policy... that never was, is getting very farcical; it's not far off from turning into a #montypython sketch.
Thinking dead 🦜sketch

[Schmidt Automotive Research @EuroEVReport]

It was just a rumour that @NIOGlobal, which registered fewer than one thousand models across Europe during the opening seven months of 2024, was prepared to take over @AudiOfficial's Brussels facility. Who would have guessed?

[Schmidt Automotive Research @EuroEVReport]

Our VW note:

https://t.co/1kPwXcOeO7

[Schmidt Automotive Research @EuroEVReport]

Are Chinese OEMs offering bargaining chips to get tariffs off the table before the European Council vote next month?

https://t.co/BNNSPAYPz4

[Schmidt Automotive Research @EuroEVReport]

Published: Quarterly China OEM Passenger Car Study focusing on Chinese OEMs' progress across Western Europe 🇨🇳 / 🇪🇺 inc. 🇬🇧

Avaiable here (€)
https://t.co/5sUzI32QdZ

[Schmidt Automotive Research @EuroEVReport]

A really interesting @EUconfidential podcast last week on artificial lab meat being a threat to the agricultural industry. From an automotive perspective the transition to incorporating more vegan and alternative material interiors is also worth a look at.

[Schmidt Automotive Research @EuroEVReport]

@mortenlund89 @electricfelix Heavy agricultural equipment has been loaded

[Schmidt Automotive Research @EuroEVReport]

As covered in our latest H1 Study (€) our belief that #Chinese OEMs may add more focus distributing BEV models to non-EU European markets, post the provisional implementation of additional import tariffs, #BYD’s Explorer One vessel docks in the U.K. for first time. 🇬🇧🚗⛴️🚗🇨🇳

[Schmidt Automotive Research @EuroEVReport]

@ChristianJog @volvocars Yeah, SEA 1 and SEA 2 are helping through commonality and purchasing costs. They also have licensed it to an outside party, a Polish EV start-up company. The intelligent cost-cutting exercises from the EX30, such as stripping out a great deal of wiring, speakers, etc., help!

[Schmidt Automotive Research @EuroEVReport]

.@VolvoCars approaching ICE on gross margins, covered in the current H1 European Electric Car Study

Made in China #EX30 contributor along with material cost savings + raw material price falls

Volvo to stop supplying granular breakdown Q3

Source: OEM/Schmidt Automotive Research

[Schmidt Automotive Research @EuroEVReport]

It is nice to see @bloomberg pick up on our latest study.

Full study available here:

https://t.co/CjnqSpYZit

[Schmidt Automotive Research @EuroEVReport]

Our latest H1 2024 European Electic Car Study

We cover why the Chinese double-digit share of the new BEV market was likely down to an inventory dump special effect.

Taiwinds ahead for Sino OEMs / partially off-set higher tariffs... among other things

https://t.co/CjnqSpYZit

[Schmidt Automotive Research @EuroEVReport]

From our latest monthly market intelligence study (€) published later this week, #Geely are the main winners across W-Europe when it comes to new BEV passenger car registrations on a three-month trailing basis

All background info in the full study...
https://t.co/HxrW2YKFon

[Schmidt Automotive Research @EuroEVReport]

Almost every fourth BEV delivered across Western Europe this year was imported from China, according to our data published in our monthly in-depth European Electric Car Study (€).

https://t.co/mZuBQdjKQE