Société Générale Says Chinese EV Makers Intensify Pressure on Global Automakers

• Société Générale sees automakers facing a simultaneous overhaul of their business models as electrification, software-driven vehicles and Chinese competition reshape the industry.
• Electric cars could reach about 28% of global new-car sales in 2026, versus one in four registrations in 2025, citing IEA estimates.
• Plug-in hybrids and battery-electric vehicles account for six in 10 new cars sold in China; Chinese electric-vehicle exports have more than doubled.
• Hundreds of billions of euros are being invested across the electric-vehicle supply chain, making risk allocation critical to emerging business models.
• Automakers need regional electrification strategies as adoption diverges; investment ahead of consumer demand has already triggered multibillion-dollar write-downs at some manufacturers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Société Générale SA published the original content used to generate this news brief on October 15, 2026, and is solely responsible for the information contained therein.