Europe’s biggest EV market is about to hit a perfect storm of problems
Baua Electric
JANUARY 31, 2024
Germany is Europe’s biggest auto market, and it’s been one of the main drivers of EV growth. But now that is expected to change course, as EV sales are projected to drop – by 14% – for the first time in eight years. Still, the decline isn’t all that shocking: Germany’s passenger car market, VDA expects it to shrink by 1% to 2.82
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