European EV Sales Plummet 44% As Automakers Scramble For Solutions
The EV slowdown is making its presence felt across Europe, prompting automakers to urgently call for “short-term relief” from stringent CO2 targets. In August 2024, battery electric vehicle (BEV) sales plummeted by a staggering 43.9 percent year-on-year in the European Union, dragging overall market numbers down significantly.