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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.

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ifo Institute study projects ban on combustion engines in 2030 would affect 600K jobs in German manufacturing

Green Car Congress

In the automotive industry alone a ban would endanger 436,000 jobs, while up to 130,000 jobs at small and medium-sized companies would be at risk. The study was commissioned by the German Association of the Automotive Industry (VDA). —ifa report. Innovation.