European Automakers Fear Losing Ground as Chinese Plug-in Hybrids Gain Popularity In a bold move, Volkswagen Group CEO Oliver Blume has called on the European Union to take swift action against Chinese manufacturers dominating the continent's plug-in hybrid electric vehicle (PHEV) market. With a staggering 28% market share, Chinese brands have taken the top three sales spots, leaving European automakers scrambling to keep up. Blume's appeal for higher tariffs on Chinese PHEVs is a clear attempt to level the playing field and protect Volkswagen's market share. As the EU considers the proposal, the future of European automakers hangs in the balance.
VW Group CEO Oliver Blume urged the EU to quickly impose higher tariffs on Chinese plug-in hybrid cars after they captured 28 percent of Europe's PHEV market and took the top three sales spots.
