33 sats \ 1 reply \ @TomK OP 18 Apr \ parent \ on: Market for electric vehicles has experienced a setback econ
We have a collapse of new EVs in Germany for example. By 99% they need to drop the combustion engine prohibition sooner than later
I can’t speak for every country individually, but Europe is expected to see another 23.5% gain in battery EV sales in 2024
For 2024, EV Volumes expects European EV deliveries to grow by 18% year on year. This equates to 3.7 million new models. This is despite the anticipated lacklustre growth of the wider light-vehicle market. EVs will account for around a quarter of all light-vehicle sales. The growth will be predominantly driven by BEVs, volumes of which are forecast to grow by 23.5% this year. The all-electric technology will dominate the EV market, accounting for 72% of registrations, with plug-in hybrids (PHEVs) making up the remaining 28%.
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