Europe's Love Affair with Electric Cars Wanes as Sales Plunge

Europe's Love Affair with Electric Cars Wanes as Sales Plunge

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Europe is "returning to petrol", according to a new article from Yahoo Finance which highlighted Volkswagen's EV sales as the canary in the coalmine.  Sales of Volkswagen's electric vehicles have declined by nearly 25% in Europe, with a noticeable shift back to gasoline-powered cars amid waning interest in battery-operated models, the report says. It notes that the downturn, observed in the initial quarter of the year, is attributed to heightened inflation and escalating energy costs, which have cooled consumer enthusiasm for electric cars.…

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