Europe’s new car market is undergoing a dramatic shift as sales of low-cost electric vehicles have surged sevenfold, according to a new report. The surge reflects growing consumer demand for affordable EVs, reshaping purchasing trends and market dynamics. Analysts highlight how this trend is accelerating the transition away from traditional combustion-engine cars. The findings suggest a broader shift in automotive preferences across the continent.
A seven-fold boost in low-cost EV sales has transformed the new car market in Europe, new report finds The Driven IO
