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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. To put this in context, pure battery-electric cars accounted for just 0.7% and Spain 0.6%).

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Study finds that EV-specific factors rather than socio-demographic variables better predictors of EV uptake

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This, they suggest, could be because national EV markets were so small relative to overall automobile sales. Until then, EV-specific factors such as amount of charging infrastructure, level of consumer financial incentives, and number of locations that sell the automobiles are likely to be more correct for estimating a country’s market share.

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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

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Markets were significantly hit in Italy, France, Spain, Austria, Ireland, Slovenia, Greece and Portugal, where the combined volume fell from 634,600 units in March 2019 to 161,800 units last month. Global vehicle sales totalled 5.55 million units in March 2020, down by 39% from March 2019. million units.

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