Tepid European Auto Recovery Will Ignite Competition While Electric Car Growth Slows
Cut-throat competition will return to Europe’s car market this year as sales turn positive, while electric sales will pause for breath. New Chinese mainly electric sales will add an extra level of difficulty. Reverberations from the U.S. Inflation Reduction Act are undermining European confidence.
Tags : Western Europe UBS Inflation Reduction Act LMC Automotive European Union China Car sales electric car sales Inovev Schmidt Automotive Researchitve
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