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Europe Industry Forecast

A Large Increase in Sales of Electric Cars is Predicted in Europe

Experts from S&P Global Mobility (financial analysis and forecasting) predict that sales of electric vehicles will increase to 15.1 million units next year, which will make their market share reach 16.7 percent of global sales. cars.

Although final figures for 2024 have not yet been released, estimates point to sales of 11.6 million electric vehicles, giving them a market share of 13.2 percent, the Telegraph reports.

Growth will vary drastically from region to region and will be influenced by many factors, including government policies, subsidies and the availability of charging infrastructure.For example, electric cars are expected to account for only 7.5 percent of total sales in India, although a 117 percent year-over-year change indicates that the market is growing rapidly.

In Europe, a significant increase in the sale of electric cars is also predicted – up to 43 percent compared to 2024.

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