After years of accelerating growth, some automakers fear that electric car sales in Europe and elsewhere could be heading for slowing demand as drivers wait for better, cheaper models that are two to three years down the road.
Electric Car Sales: Sales of new cars fell in Germany in November, official data showed Tuesday, dragged down by plummeting demand for electric vehicles as government incentives ran out. Customers had raced to buy electric cars late last year to take advantage of government incentives before they were phased out, and demand has declined sharply since then.
Auto sales in Europe are still strong, but profit fundamentals are fading, hurt by diasppointing EV sales. VW and Mercedes in particular are coming under pressure.
Against a record market share for SUVs (Sport Utility Vehicles ) in Europe, Irish Green Party MEP, Ciaran Cuffe wants Irish buyers to stop buying them, and that includes fully electric SUVs.