Electric vehicle sales in Europe have surged by 250% since 2020, driven by aggressive green policies and consumer enthusiasm. Analysts attribute this boom to tax rebates, expanded charging networks, and a cultural shift toward sustainability.
Governments are prioritizing zero-emission transport, with Germany and Norway leading in subsidies.
This isn’t a trend—it’s a seismic shift in mobility,states EV analyst Clara Müller.
- €7B earmarked for charging infrastructure
- Average EV prices down 18% since 2022
- 75% of buyers cite climate impact as key motivator
Automakers like Volkswagen now allocate over 40% of R&D budgets to next-gen battery tech, signaling long-term commitment to electrification.