Electric Vehicle Sales Are Exploding In Europe | OilPrice.com
“Thanks to the EU car CO2 standards, Europe is about to see a wave of new, longer range, and more affordable electric cars hit the market. That is good news but the job is not yet done. We need governments to help roll out EV charging at home and at work, and we need changes to car taxation to make electric cars even more attractive than polluting diesels, petrols or poor plug-in hybrid vehicles,” Lucien Mathieu, transport and e-mobility analyst at T&E, said.
“This is a pivotal moment for Europe’s automotive industry,” Mathieu added, noting that carmakers are investing a combined US$163 billion (145 billion euro) in electrification, and “battery making is finally coming to Europe.”
“We need to send a clear signal to industry that there is no way back, and agree a phase-out of petrol and diesel car sales in cities, at national and EU level. The age of the combustion engine is coming to an end,” Mathieu concluded.