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EV sales cool in Europe – The Straits Times

EV sales cool in Europe – The Straits Times

Deep discounts: Tesla slashed prices for its best-selling Model Y in markets such as Germany, France and Norway this week. PHOTO: REUTERS Europe’s carmakers are bracing themselves for slower growth in 2024 after sales fell for the first time in 17 months in December on waning enthusiasm for electric vehicles (EVs).New vehicle registrations declined by 3.8 per cent to 1.05 million units last month, the European Automobile Manufacturers’ Association said on Jan 18. Sales slumped by nearly a quarter in… 

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