Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional
Baua Electric
MAY 7, 2024
At the start of 2023, PHEV subsidies were phased out, resulting in lower PHEV sales compared to 2022, and in December 2023, all EV subsidies ended after a ruling on the Climate and Transformation Fund. However, the phase-out of several purchase subsidies in Germany slowed overall EV sales growth.
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