EUROPE IN TWO-SPEED SHIFT TO ELECTRIC CARS
July 1st, 2019
Europe’s transition to electric vehicle ownership is developing at two clear speeds, with richer countries headed for mass market penetration in the early to mid 2020s but poorer countries lagging.
This is posing a regulatory challenge for manufacturers - EV sales have to increase Europe-wide for carmakers to meet tough European Union (EU) CO2 emissions limits.
European Automobile Manufacturers’ Association (ACEA) figures for first quarter 2019 show 83,676 new battery electric vehicles (BEV) (not including hybrids) registered in the EU plus neighbors, ...
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