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According to a new study by the VDA, the global electric car market faces challenges in 2024.
In Germany, Europe’s largest car market, sales of purely battery-powered vehicles are expected to fall to 451,000 units from 524,000 units last year, a decline of 14 percent.
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This decline is attributed to various factors, including the expiration of the electric car subsidy program, inflation, rising car prices and inadequate charging infrastructure.
Sources
via VDA, elektroauto-news.net