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moves money TNW July 27, 2026

Volkswagen wants tariff protection after Chinese brands grab 28% of Europe’s PHEV market

Volkswagen wants tariff protection after Chinese brands grab 28% of Europe’s PHEV market
AI Summary

Volkswagen CEO Oliver Blume is demanding the European Union impose higher tariffs on Chinese plug-in hybrids after the Tiguan PHEV dropped from Europe’s best-selling plug-in hybrid to fourth place in a single year. The BYD Seal U now leads the segment, followed by the BYD Atto 2 and the Jaecoo 7. […] This story continues at The Next Web

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