Overview

• BYD and MG registered about 20,000 plug-in hybrids in Europe in the first half of 2025, a surge of over 17,000% from the prior year.
• The EU’s anti-subsidy probe added levies ranging from 17% for BYD to 35.3% for MG on battery-electric imports on top of the standard 10% duty.
• BYD is building factories in Hungary and Turkey so that future models qualify as locally made and avoid all import tariffs.
• The European Commission has held off on extending duties to PHEVs without launching a new anti-subsidy investigation and is pursuing negotiations with Beijing.
• Analysts warn that low-priced Chinese plug-in hybrids risk triggering a plug-in price war that could undercut European automakers and disrupt the EV transition.