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Why Chinese EVs Are So Cheap In The UK

DeFi Daily News by DeFi Daily News
July 17, 2026
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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

source

Tags: BYDCar dealersCar importsCheapChineseChinese EVsChinese governmentEuropeEVsFordGeelyLeap MotorStellantisTBTeslaUnited KingdomVolkswagen
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