Europe subsidies have EV and plug-in hybrid market exceeding China sales

VW ID3 cars outside the automaker's EV production plant in Zwickau, Germany. The launch of the mass-market ID3 in Europe is expected to give the EV market a major boost. (VW)

By:

Bloomberg

August 14, 2020 08:10 AM

Western Europe’s electrified vehicle sales pulled ahead of China’s last month after countries including Germany and France boosted government subsidies to stimulate demand that had been decimated by the pandemic.

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