ACEA reported that August saw a dramatic 43.9% drop in all-electric vehicle registrations in the EU, with a shift towards traditional hybrids.
Despite efforts to promote electric vehicles, the market has faced continuous declines, raising concerns among automakers about the future of EV investments.
While all-electric vehicles faced a decline, traditional hybrids saw a noteworthy increase in registrations, doubling the total of EVs.
ACEA highlighted the need for urgent relief measures amid sharp decreases in new registrations and impending CO2 targets for vehicles.
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