By Marleen Kaesebier

(Reuters) -New car sales in Europe rose 4.9% in October as electric cars outpaced petrol and diesel registrations, European Automobile Manufacturers’ Association data showed on Tuesday.

WHY IT’S IMPORTANT

The European car industry has taken a series of hits this year including U.S. President Donald Trump’s trade tariffs, a slowdown in the Chinese market, and a slower-than-expected transition to electric vehicles.

Recently, concerns about a potential chip supply chain crisis surrounding Dutch chipmaker Nexperia had also added fuel to the fire.

Meanwhile, Chinese electric car exports to Europe are increasing.

BY THE NUMBERS

Sales in the European Union, Britain and the European Free Trade Association rose to 1.092 million cars in October as its largest markets incl

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