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EU, electric cars will account for 24 percent of the market in 2025. Why this increase in sales?

2024-09-21 09:17:43Biznes SHKRUAR NGA REDAKSIA VOX

EU, electric cars will account for 24 percent of the market in 2025. Why this

Battery electric cars sold in the European Union will account for between 20% and 24% of the total market by 2025, largely due to cheaper selling prices, according to campaign group Transport & Environment (T&E).

Electric vehicle sales in the EU have slowed in recent months, falling 14% in the first half of the year, partly due to differing policies on green incentives across the bloc, while regulators seek to protect the EU industry. have imposed tariffs on Chinese cars.

Germany, the EU's biggest market for electric cars, in September introduced directives to accelerate the green transition.

T&E, which in June forecast a 21% increase for next year, expects sales to rise. The company said the new forecasts take into account the expected arrival in 2024 and 2025 of seven new fully electric models priced under 25,000 euros, which will account for 10%-15% of the "electric" market next year.

Electric cars must contribute around 60% of the carbon dioxide (CO2) reduction carmakers need to meet EU emissions targets next year, while hybrid options could contribute 20% of the emissions reduction .

Faced with falling demand and increased competition from cheaper Chinese rivals, European producers have asked EU lawmakers to activate a crisis clause that would push back their CO2 targets by two years.

T&E said lawmakers should resist any moves to weaken or delay the 2025-2030 targets and electrification should be supported by strong national policies.


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