Chinese automakers Seres Group and Li Auto are preparing to start selling electric vehicles in Europe in 2027 amid declining demand in the local market, Nikkei Asia reports. In the first nine months of 2026, new car sales in China fell 22% year-on-year. At the same time, the share of Chinese cars in the EU market reached 9.3% in December 2025, and is expected to exceed 10% in 2026, despite additional import duties.