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JPMorgan: By 2028, Chinese automakers' market share in Western Europe will rise to 20%
Opinion Network News: On May 10th, JPMorgan Chase released a research report, raising expectations for Chinese automakers’ performance in the Western European market, predicting that by 2028, their market share will rise to 20%, significantly higher than the previous forecast of reaching 10%–15% by 2030.
According to the report, the agency forecasts that Chinese passenger car sales in Western Europe could reach approximately 2.5 million units by 2028, a substantial increase from about 1 million units in 2025.
Analysts pointed out that the structural growth logic of Chinese car exports will increasingly become a core focus for global investors.
JPMorgan Chase recommends investors focus on overseas revenue-heavy, fast-growing new energy vehicle companies, explicitly mentioning BYD, Geely, Leap Motor, and Xpeng Motors as priority investment targets.
Disclaimer: The content and data of this article are compiled by Opinion Network based on public information and do not constitute investment advice. Please verify before use.