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PwC report: Reducing government incentives could slow growth in electric vehicle sales in major European markets

PwC report: Reducing government incentives could slow growth in electric vehicle sales in major European markets

The electric car market will continue to grow in the coming years, but the pace will be influenced by the level of incentives granted by European states, as well as by a prolongation of the semiconductor crisis

Sales of electric cars (BEV) in the five main European markets (France, Germany, Italy, Spain and the United Kingdom) rose sharply by 72% in 2021 compared to the previous year, but maintaining this pace in 2022 is questionable. Due to the reduction in incentives announced by governments, an analysis by Strategy &, the global strategy department of the PwC network, shows.

For more information, please see the Romanian version of the article, here.

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