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.