EBRO Motors Group EV Sees Promising Growth and Market Expansion

EBRO Motors Group EV SA has reported robust performance in the first half of 2026, with revenues almost tripling year-on-year to €309.7 million. This growth is attributed to the sell-in of 12,612 vehicles, as the company expands its market presence to a 2.2% share in the nine months ending September 2026.

The company's expansion is bolstered by its SUV offerings and an expanding commercial network, now operating 105 points of sale, with plans to reach 110 by the year's end. Despite these advances, the EBITDA margin remains low at 0.6% due to underutilized factory capacity.

EBRO's 2026 guidance forecasts revenue between €650-700 million, with sell-in volumes of 26-29k vehicles. As EU hybrid import restrictions possibly start in December, the company stands to benefit from local assembly, potentially increasing its Chery vehicle production to 50k units annually from 2028.