Wed, Nov 13, 2024

Electric Vehicle Sales Slow Down in Europe

Electric Vehicle Sales Slow Down in Europe

While the electric car trend continues at full speed all over the world, the electric car is faced with the reality check for its cash memory capacity. 

"It looks like the early adopters have embraced it," Fitch Ratings analyst Steve Brown reported in the Financial Times. said. Electric cars are evolving to a different dimension every day in the different and silent revolution they created at the first moment. 

Electric cars began to become widespread, after they started to see great demand, they became a phenomenon, many people sold their cars and owned electric cars. However, recent data show that the pace of increase in electric car sales is slowing down. So much so that the sales forecasts of the brands also decreased. 

While Toyota stopped electric car production last week, it also reduced its sales charts for 2024 and 2025. 

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