EV Sales Jump 52% in Europe as Gasoline Hits $10 a Gallon
EV Sales Are Booming in Europe with Gasoline at $10 a Gallon
After years of struggling to move drivers away from combustion engines, Europe's EV market is surging on record fuel prices driven by geopolitical upheaval. Fully electric car registrations rose 52% year-over-year in August, according to the European Automobile Manufacturers' Association. Germany, the largest market, posted a 75% jump, while sales in France more than doubled.
After years of broadly unsuccessful efforts to wean drivers off combustion engines, sales of electric vehicles are surging in Europe thanks to the jump in fuel prices stoked by geopolitical upheaval.
- kristianp
- deodorel
The problem is not the chargers, for example in my country, we would need to double our energy production, transport capacity, to phase out fossil fuels. The costs would be enormous, double the infra work in the last 70 years.
- zihotki
In Netherlands you could also get paid for charging your car. There is such thing called ERE Certificates - emission reduction unit certificate is generated by offsetting emissions. Pollutters have to buy them to offset the harm. It's up to 0.1 euro per KWh (electricity costs 0.28 euro per KWh), depending on the demand.
- sippingabonedry
Not in rural Europe it isn't.
There is still no widespread charging infra. Oh sure, there are chargers. If you're lucky and your town is on a state highway there might be one or two chargers in the entire town — their purpose being so visitors don't become stranded.
Outside of cities, they are not there in sufficient quantity for widespread adoption.
The apartment problem has not been solved either, and people do not have the time in their lives to dedicate to charging at a shared public charger.
Europe still loves its compact manual transmission cars; but what we may see is a transition away from diesel to petrol vehicles strictly for cost reasons.
- mauvehaus
Who would have imagined that Vladimir Putin would oversee a sizeable NATO expansion, the reduction of European gas usage, and, in combination with Trump, the increased adoption of electric vehicles?
History may look back on them as having done rather a lot to move the world off of fossil fuels.
- ikidd
The Jeffrey Epstein Memorial War is the worst thing to ever hit the American auto industry and workers, since that industry is so far behind on EV adoption they'll never catch up to the Asian manufacturers.
It'll kill them, the Big 3 should be losing their everloving minds over it.
- blondie9x
EVs plus charging with a grid powered by solar when the sun shines bright at midday is one of the most powerful forces in averting anthropogenic climate change.
- VCFundedGenYer
Europe doesn’t use dollars.