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Electric Vehicle Sales Decline Sharply Across Europe

Sales of electric vehicles in Europe have experienced a significant drop, challenging the region's ambitious net-zero goals.

  • Electric vehicle registrations in Europe fell by 11.3% in March, with a notable 28.9% drop in Germany, signaling a widespread cooling of interest.
  • High costs and inadequate charging infrastructure are major barriers to wider adoption of electric vehicles, despite government incentives.
  • The European market is further complicated by potential increases in tariffs on cheaper Chinese imports, which could have offered more affordable options.
  • Hybrid vehicles are seeing a rise in sales, suggesting that consumers prefer these as a transitional technology over fully electric models.
  • Experts express concerns over the practicality of the EU's plans to phase out petrol and diesel cars by 2035 given the current market dynamics.
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