European carmakers are betting on SUVs and luxury vehicles to make more profits. Cars are getting greener but more expensive: the average price of battery-powered cars has surged by 18,000€ in less than a decade
The European automotive industry needs affordable electric vehicles to achieve a successful mass market, but China has the inside track. Can Airbus Auto save the day?
Only 17% of electric cars sold in Europe are in the more affordable ‘B’ segment – compared to 37% of new combustion engines, according to a new analysis by environmental Europe’s leading clean transport campaign group Transport & Environment (T&E). Carmakers are slowing EV adoption by prioritising sales of larger, more expensive electric cars, the T$E report […]