Europe's EV Euphoria May Not Last

Europe's EV Euphoria May Not Last

OilPrice.com

Published

The entire EV world looks at Europe as the "holy grail" of electric vehicles - since the continent is buying EVs at a record pace. But that euphoria, fueled by subsidies and dozens of new choices, may be short lived. Europe's share of global EV sales doubled to 43% last year, while at the same time China and the U.S. saw market share decline, the Wall Street Journal reports.  Plug-in EV sales in Europe were up 137% to 1.4 million vehicles last year, blowing past China's 12% increase to 1.3 million sales. In the U.S., sales rose just…

Full Article