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Mid-Nickel",103.5,99.73,3.78,13.78,6.78,[518,519,520,522,524,526,528,530,532,534,536,538],{"date":213,"value":512},{"date":216,"value":513},{"date":219,"value":521},99.19,{"date":222,"value":523},96.02,{"date":225,"value":525},98.23,{"date":467,"value":527},99.24,{"date":329,"value":529},101.29,{"date":339,"value":531},87.61,{"date":341,"value":533},92.44,{"date":344,"value":535},90.96,{"date":347,"value":537},92.24,{"date":350,"value":539},95.09,{"id":541,"uuid":542,"name":543,"slug":544,"full_slug":545,"content":546,"relatedArticles":766,"relatedVideos":767},171868609960235,"399b5622-66a9-43cc-b288-ca777d47a6cc","China-made EVs boost in Europe in March amid higher fuel prices","china-made-evs-boost-in-europe-in-march-amid-higher-fuel-prices","article/china-made-evs-boost-in-europe-in-march-amid-higher-fuel-prices",{"_uid":547,"date":548,"tags":549,"editor":562,"content":572,"excerpt":732,"featured":51,"reporter":733,"component":744,"seo_title":745,"categories":746,"visibility":753,"data_vis_image":754,"featured_image":759,"seo_description":763,"formattedDate":764,"formattedArticleDate":765},"0f9eb5a2-aa7c-4ac9-bb3f-20e384deed68","2026-05-01 00:00",[550,553,556,559],{"slug":551,"name":552},"ev-sales","EV Sales",{"slug":554,"name":555},"china","China",{"slug":557,"name":558},"europe","Europe",{"slug":560,"name":561},"data-visualisation","Data Visualisation",[563],{"slug":564,"name":565,"content":566},"matthew-bird","Matthew Bird",{"job_title":567,"image":568,"bio":570,"linkedin":571},"Senior Editor - Supply Chains & Data Visualisation",{"filename":569},"https://a.storyblok.com/f/287943243085208/512x512/14738033ec/matthew-bird.jpeg","Matthew writes, edits and produces content for Benchmark Intelligence and Benchmark Source across the whole mine to grid supply chain. He also acts as a liaison to the press. He has a PhD in electrochemistry from the University of Nottingham.","https://www.linkedin.com/in/birdmatthew/",{"type":573,"content":574},"doc",[575,618,636,646,658,666,675,706,714,722],{"type":576,"attrs":577,"content":578},"paragraph",{"textAlign":49},[579,587,599,604,613],{"text":580,"type":581,"marks":582},"Interest in ","text",[583],{"type":584,"attrs":585},"textStyle",{"color":586},"",{"text":588,"type":581,"marks":589},"EVs rose globally in March 2026",[590,597],{"type":591,"attrs":592},"link",{"href":593,"uuid":594,"anchor":49,"target":595,"linktype":596},"/article/clear-uptick-in-march-bev-sales-reported-so-far-as-the-iran-war-impacts-petrol-prices","3b25b657-92e9-4b2a-9fe0-95c159fc48ef","_self","story",{"type":584,"attrs":598},{"color":586},{"text":600,"type":581,"marks":601}," amid higher fuel prices due to the ongoing conflict in the Middle East and the closure of the Strait of Hormuz. A significant number of markets around the world experienced greater ",[602],{"type":584,"attrs":603},{"color":586},{"text":605,"type":581,"marks":606},"EV sales growth ",[607,611],{"type":591,"attrs":608},{"href":609,"uuid":610,"anchor":49,"target":595,"linktype":596},"/article/global-ev-sales-reached-1-75-million-units-in-march-2026","659252f9-9755-4aa0-be80-9c0d7bf3b18c",{"type":584,"attrs":612},{"color":586},{"text":614,"type":581,"marks":615},"after the conflict broke out than before. Sales of passenger car and light duty EVs in Europe were up 33% year-on-year in March, having grown just 19% year-on-year in the first two months of the year.  ",[616],{"type":584,"attrs":617},{"color":586},{"type":576,"attrs":619,"content":621},{"textAlign":620},"left",[622,631],{"text":623,"type":581,"marks":624},"EVs made in China",[625,629],{"type":591,"attrs":626},{"href":627,"uuid":628,"anchor":49,"target":595,"linktype":596},"/article/us-resists-rapid-global-expansion-of-chinese-bev-market-share","73900094-bdce-4976-8269-2039fb4d744d",{"type":584,"attrs":630},{"color":586},{"text":632,"type":581,"marks":633}," have been a major driver of rising global demand and have benefited the most from the surge, with sales in Europe increasing 78% year-on-year in March, up from 39% growth recorded over the first two months of the year. Translating to a boost in their European EV market share, which rose from 20% in January and February to 24% in March.",[634],{"type":584,"attrs":635},{"color":586},{"type":637,"attrs":638},"blok",{"id":639,"body":640},"fe1046a4-42f0-4d84-9e48-1086857b87a9",[641],{"id":642,"_uid":643,"type":644,"component":645,"fixed_height":586,"use_fixed_height":50,"fixed_height_mobile":586,"fixed_height_tablet":586},"28785488","i-de82126a-fc5c-4d7a-9a36-df3fb008c02b","visualisation","ContentFlourish",{"type":647,"attrs":648,"content":650},"heading",{"level":649,"textAlign":620},2,[651],{"text":652,"type":581,"marks":653},"Which vehicle manufacturers drove the sales increase? ",[654,656],{"type":584,"attrs":655},{"color":586},{"type":657},"bold",{"type":576,"attrs":659,"content":660},{"textAlign":620},[661],{"text":662,"type":581,"marks":663},"The sale of China-made Tesla Model 3s in Europe was responsible for half of the four-percentage point increase in the market share of China-made EVs in March compared to the first two months of the year. After Tesla, Chery experienced the greatest rise in market share, which grew by more than one percentage point. This is underpinned by its efforts to scale up deliveries of the Jaecoo and Omoda brands in the region. The Jaecoo 7 was the fifth best-selling EV in the region in March and was the best-selling EV in the UK in Q1, with the second best-selling EV in the UK also a Chinese model, the BYD Seal U DM-i. ",[664],{"type":584,"attrs":665},{"color":586},{"type":647,"attrs":667,"content":668},{"level":649,"textAlign":620},[669],{"text":670,"type":581,"marks":671},"Chinese brands are set to continue their expansion into Europe ",[672,674],{"type":584,"attrs":673},{"color":586},{"type":657},{"type":576,"attrs":676,"content":677},{"textAlign":620},[678,687,692,701],{"text":679,"type":581,"marks":680},"Chinese EV manufactures are increasing their presence in Europe",[681,685],{"type":591,"attrs":682},{"href":683,"uuid":684,"anchor":49,"target":595,"linktype":596},"/article/infographic-share-chinese-brands-in-overseas-ev-sales","f983545f-2371-40f2-ae36-722bf28d0e63",{"type":584,"attrs":686},{"color":586},{"text":688,"type":581,"marks":689}," despite the EU’s tariffs on Chinese made BEVs introduced in October 2024. BYD grew its market share in Europe from 2% in 2024 to 6% in 2025, with a further increase to 7% in the opening quarter of 2026, in part due to a greater focus on PHEVs but also through BEV sales growth. Its production facility in ",[690],{"type":584,"attrs":691},{"color":586},{"text":693,"type":581,"marks":694},"Hungary",[695,699],{"type":591,"attrs":696},{"href":697,"uuid":698,"anchor":49,"target":595,"linktype":596},"/article/what-hungary-s-election-outcome-means-for-its-battery-industry","8680dd72-8d8e-4eb8-96a5-4f10271f666e",{"type":584,"attrs":700},{"color":586},{"text":702,"type":581,"marks":703}," is set to begin mass production in the next two months, enabling it to circumnavigate the EU’s tariff and further grow its market share in the region. ",[704],{"type":584,"attrs":705},{"color":586},{"type":576,"attrs":707,"content":708},{"textAlign":620},[709],{"text":710,"type":581,"marks":711},"Other Chinese manufactures are also seeking to establish EV production capacity in Europe as means to elevate their local presence. SAIC is said to be considering Spain to manufacture EVs for its MG brand, it had previously been reported that it was considering Hungary as a potential location. Both Chery and Dongfeng are said to be in talks with Nissan to sublease part of its Sunderland production facility.  ",[712],{"type":584,"attrs":713},{"color":586},{"type":576,"attrs":715,"content":716},{"textAlign":620},[717],{"text":718,"type":581,"marks":719},"As Chinese vehicle brands establish more EV production capacity in Europe, shorter supply chains and reduced exposure to tariffs will enhance their ability to compete within the region’s EV market. European markets that have so far been resilient against the arrival of Chinese EVs, such as France due to the structure of its subsidy scheme as well as strong loyalty to national brands, could begin to see that change.",[720],{"type":584,"attrs":721},{"color":586},{"type":576,"attrs":723,"content":724},{"textAlign":620},[725],{"text":726,"type":581,"marks":727},"This article draws on expert insights and analysis from Benchmark's EV & Battery Service. To learn more about this Service, fill out the form below and one of the team will be in touch.",[728,730],{"type":584,"attrs":729},{"color":586},{"type":731},"italic","Interest in EVs rose globally in March 2026 amid higher fuel prices due to the ongoing conflict in the Middle East and the closure of the Strait of Hormuz. A significant number of markets around the world experienced greater EV sales growth after the conflict broke out than before. Sales of passenger car and light duty EVs in Europe were up 33% year-on-year in March, having grown just 19% year-on-year in the first two months of the year.  \n\nChina-made EVs have been a major driver of rising global demand and have benefited the most from the surge, with sales in Europe increasing 78% year-on-year in March, up from 39% growth recorded over the first two months of the year. Translating to a boost in their European EV market share, which rose from 20% in January and February to 24% in March.",[734],{"slug":735,"name":736,"content":737},"george-whitcombe","George Whitcombe",{"job_title":738,"image":739,"bio":741,"linkedin":742,"markets_covered":743},"Analyst - EV",{"filename":740},"https://a.storyblok.com/f/287943243085208/500x500/e5fa44ebf8/george-whitecombe.jpeg","George is an EV Analyst at Rho Motion, working in the EV & Battery research team. He works extensively on global EV sales and production analysis, considering the economic and legislative factors that influence both. He also focuses on the strategy of automotive OEMs in the transition to EVs and feeds that into the team’s view on global vehicle markets. George graduated from the University of Exeter with a First Class Honours degree in Politics, Philosophy and Economics.","https://www.linkedin.com/in/george-whitcombe-2320111b6/","EV and Battery","article","Chinese-made EVs boost in Europe in March amid higher fuel prices",[747,750],{"slug":748,"name":749},"ev","EV",{"slug":751,"name":752},"batteries","Batteries","private",{"id":755,"alt":586,"name":586,"focus":586,"title":586,"source":586,"filename":756,"copyright":586,"fieldtype":757,"meta_data":758,"is_external_url":50},171871044434816,"https://a.storyblok.com/f/287943243085208/1588x1384/cb880ffd61/chinese-evs-in-europe-iran-2x.png","asset",{},{"id":760,"alt":586,"name":586,"focus":586,"title":586,"source":586,"filename":761,"copyright":586,"fieldtype":757,"meta_data":762,"is_external_url":50},171875337538485,"https://a.storyblok.com/f/287943243085208/7887x5259/deb154d93f/byd_atto3_evo__073.jpg",{},"Interest in EVs rose globally in March 2026 amid higher fuel prices due to the ongoing conflict in the Middle East. Chinese-made EVs have benefited the most from the surge, with sales in Europe increasing 78% year-on-year in March.","May 01, 2026","1st May 2026",[],[],1782484906223]