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European EV Sales Growth Slows, But 2030 Forecasts Remain Ambitious – Forbes

European EV Sales Growth Slows, But 2030 Forecasts Remain Ambitious – Forbes

Automakers face an electric car reality check as over-ambitious sales targets crash into cash-conscious consumers operating in the real world. “It feels like the early adopters have adopted,” said Fitch Ratings analyst Steve Brown, according to the Financial Times. But for all the panic and confusion, forecasters like Schmidt Automotive Research (SAR), which had already pointed to a 2024 plateau, expect a strong resumption in sales between 2025 and 2030. Investment bank UBS, after pointing to the slowdown, also retains… 

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