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Sales of sub-€25,000 electric cars set to rise sevenfold
Original: Wave of affordable electric cars is boosting consumers' choice: sales of sub-€25,000 models set to rise sevenfold
Transport & Environment reports that a wave of affordable electric cars is expanding consumer choice in Europe, with sales of models priced under €25,000 projected to grow sevenfold. The analysis suggests cheaper EVs are no longer niche products, giving buyers far more options as manufacturers roll out budget models and the market shifts away from combustion engines.
Why now: New analysis shows affordable electric vehicles are rapidly entering the mass market, a significant shift for European car buyers.
Transport & EnvironmentEuropean Union
Evidence
- Wave of affordable electric cars is boosting consumers' choice: sales of sub-€25,000 models set to rise sevenfold · transportenvironment.org
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