Chinese Automotive Expansion and the #Hormuz Exchange Bloomberg (USA). "Last month, the share of Chinese cars among new vehicles sold in #Europe exceeded one-tenth for the first time, as consumers flocked to models with better features at lower prices. Hybrid and hybrid electric vehicles, such as the MG S9 crossover, helped Chinese automakers capture 11% of the European market in May, according to analysts at Dataforce. They accounted for nearly a quarter of all new hybrid vehicle sales