Electric Vehicle Sales Plunge Across Europe as Demand Stalls
General News,Europe,ESG,Electric Vehicles
Electric vehicle (EV) sales plunged across Europe in March as demand dried up despite the E.U.’s push to ban petrol and diesel vehicles by the middle of the next decade. The Daily Telegraph reports sales of battery-powered cars dropped by 11.3 percent as demand in Germany, Europe’s largest economy, plunged by 28.9 percent, according to the European Automobile Manufacturers’ Association (ACEA). Only 13 percent of new registrations were electric, down from 13.9 percent in March last year and down from 14.6 percent for all of 2023, continuing a long-term trend,...
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