Tuesday, 02 January 2024 12:17 GMT

Europeans Are Increasingly Preferring Evs Over Gasoline-Fueled Vehicles


(MENAFN- Investor Brand Network) Europeans are exhibiting a growing preference for electric vehicles over internal combustion engine (ICE) cars, driven by substantial government subsidies and shifting consumer priorities. Data from the European Automobile Manufacturers' Association shows that for the first time in EU history, pure electric automobile sales outnumbered petrol-only car sales in December 2025.

The rapid pace at which vehicle electrification is happening across Europe could give North American manufacturers like Lucid Motors (NASDAQ: LCID) the impetus they...

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