Europe
“Luxo-barges” and cheap ICE: How global chip shortage is accelerating shift to EVs
The global chip shortage could push automakers to build more EVs sooner than expected and spell the end of churning cars out to fill dealership floors.
Europe EV sales hit 20pc but carmakers still eke out ICE profit
Electric cars now account for one in five auto sales in Western Europe, but legacy carmakers are digging in to protect fossil fuel car profits.
One in five cars made in Germany can be plugged in
Germany passes new milestone on road to clean transport: every fifth car that rolls off its production lines can be plugged in.
Sweden overtakes Norway in plug-in electric car sales with new EV incentives
Sales of plug-in electric vehicles in Sweden overtook Norway in the first quarter of 2021, with much of the credit going to a generous bonus-malus scheme.
Germany leads 25 pct surge in Euro electric car market, new emissions limits touted
European EV sales have surged almost 25% in past year, dominated by the booming German auto market, as peak auto industry body looks to agree with further tightening of CO2 reduction measures.
Hyundai reports huge interest for Ioniq 5 electric vehicle in Europe
Hyundai says limited edition Ioniq 5 already over-subscribed by almost 300% within 24 hours, with 236,000 expressions of interest received.
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