T&E's dashboard shows that EU electric car sales remained stable in 2022, growing at a slightly slower pace. With huge waiting lists for electric vehicles, EU carmakers need to step up supply – or risk not just losing sales to foreign rivals but also their hopes for a European battery industrial chain.
Most up-to-date data is available here.
Despite a difficult start to the year, the battery electric vehicle (BEV) market managed to overcome supply chain issues and finish 2022 with a 3%p growth in its share of the EU vehicles market:
With huge waiting lists for BEVs, EU carmakers need to step up supply – or risk not just losing sales to foreign rivals but also their hopes for a European battery industrial chain.
But going back on the 2035 zero-emissions target and deploying no industrial strategy could instead see loss of 1 million auto jobs.
A new study models the impact of EU electric vehicle leadership and ambitious policies on investment and jobs.
In many markets European carmakers are falling behind Chinese EV manufacturers as they have little to offer to aspiring drivers in the Global South ri...