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"Returning To Petrol": Volkswagen EV Sales Plunge 25% In Europe

Posted on AllSides April 16th, 2024
From The Right

"Returning To Petrol": Volkswagen EV Sales Plunge 25% In Europe Europe is "returning to petrol", according to a new article from Yahoo Finance which highlighted Volkswagen's EV sales as the canary in the coalmine. Sales of Volkswagen's electric vehicles have declined by nearly 25% in Europe, with a noticeable shift back to gasoline-powered cars amid waning interest in battery-operated models, the report says. It notes that the downturn, observed in the initial quarter of the year, is attributed to heightened inflation and escalating energy costs, which have cooled consumer enthusiasm...

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https://zerohedge.com/markets/returning-petrol-volkswagen-ev-sales-plunge-25-europe

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