Chinese automakers have captured over 11% of the UK new car market, with JAECOO leading with a 6.2% share of new car leads. This surge in market presence has been rapidly growing since the start of the year, nearly tripling from 4.1% to its current figure.

Other top Chinese new entrants include Omoda at 2.2%, BYD at 1.9%, Leapmotor at 0.7%, and GWM at 0.2%. In terms of year-to-date market share growth based on leads, JAECOO has seen a 2.4% increase, showing strong performance in the UK market.

AutoTrader commercial director Ian Plummer highlighted Changan’s entry into the UK EV market as a significant moment. With the UK being a strategic market for Chinese manufacturers due to lower import tariffs, the recent growth of Chinese automakers is expected to continue with deep ambitions and competitive pricing.

The UK Government’s electric car grant has positively impacted consumer interest in electric vehicles, leading to an increase in ad views for qualifying models. The Vauxhall Mokka Electric saw an 18% rise in ad views, while Renault’s Scenic E-tech and Renault 4 experienced increases of 47% and 21% respectively.

Read more at Yahoo Finance: Chinese new entrants now account for over 11% UK market: AutoTrader