Can flood of cheap new EVs coming to Europe save its carmakers?
Briefly

"There were no launches of homegrown electric models for less than 25,000 across the EU during 2022 and 2023. Yet in the past few months, new cars like the Fiat Grande Panda and Citroen e-C3 have changed that dynamic, giving European buyers more affordable options for electric vehicles."
"Carmakers globally are facing a drop in demand for both battery-powered and ICE models. The automotive industry is navigating through falling profits at a time when funding the transition to electric vehicles has never been more crucial."
Read at www.theguardian.com
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