Chinese automakers have captured more than 30% of the UK’s EV market, up from less than 1% seven years ago. Government subsidies allow brands like BYD and Geely to price vehicles thousands of pounds below European competitors. As Volkswagen’s profits fall and Tesla’s UK market share drops, American and European automakers are racing to respond to China’s growing global push.
Chapters:
Intro | 00:00 - 01:08
Chapter 1: Chinese cars in the UK | 01:09 - 02:28
Chapter 2: China’s global growth | 02:29 - 4:46
Chapter 3: American brands | 4:47 - 6:06
Credits:
Reporting by
Philip LeBeau
Senior Field Producer
Meghan Reeder
Camera by
Michael Green
Edited by
Darren Geeter
Senior Director of Video
Lindsey Jacobson
Additional Footage
Getty Images
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How Chinese Automakers Like Geely And BYD Are Taking Over The UK
Chapters:
Intro | 00:00 - 01:08
Chapter 1: Chinese cars in the UK | 01:09 - 02:28
Chapter 2: China’s global growth | 02:29 - 4:46
Chapter 3: American brands | 4:47 - 6:06
Credits:
Reporting by
Philip LeBeau
Senior Field Producer
Meghan Reeder
Camera by
Michael Green
Edited by
Darren Geeter
Senior Director of Video
Lindsey Jacobson
Additional Footage
Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC
#CNBC
How Chinese Automakers Like Geely And BYD Are Taking Over The UK