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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

Green Car Congress

We have to remember that the industry was already operating in a challenging environment, especially towards the end of last year. And unlike previous recessions, we’re not just dealing with people’s fears or purchase delays. However, before they could look to buy, COVID-19 struck the industry and disabled purchasing power.

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The European electric vehicle market continues to grow

Setec Powerr

By 2020, Germany, France, Italy, Spain, the United Kingdom, and other European countries have launched automotive industry demand stimulation measures to provide subsidies for the purchase of electric vehicles, which has given a strong impetus to the growth of electric vehicles sales.