European demand for fully electric vehicles has all but stalled, according to a new report from the European Union’s main lobbying and standards group for the automobile industry.
While growth in Europe’s battery-electric car market jumped by 53.8 percent in the first half of 2023 from the same period the previous year, in the first half of 2024, that previously feverish pace fell to a near-flat 1.3 percent, according to reports from the European Automobile Manufacturers Association (ACEA).
