Europe s EV market enters valley of death chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.
Electric car demand set to stall in Europe s valley of death zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Fully-electric sales in Europe were up 47% in the first nine months of 2023, but instead of celebrating, automakers including Tesla, Volkswagen and Mercedes-Benz sounded a sombre note.
Analysis-Electric Car Demand Set to Stall in Europe s Valley of Death usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Despite years of rapid growth, the electric car market in Europe seems to be experiencing a slowdown as drivers hold off on purchases, anticipating the arrival of better and more affordable models in the next two to three years. While fully-electric sales in Europe recorded a 47% increase in the first nine months of 2023, major automakers, including Tesla, Volkswagen, and Mercedes-Benz, are striking a more cautious tone instead of celebrating the apparent success.