Europe’s biggest EV market is about to hit a perfect storm of problems
Baua Electric
JANUARY 31, 2024
Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year. It forecasts the global market to grow by 2% to 77.4 million cars, compared to the 78.8
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