Green shoots for Europe's EV market in 2025

3 feb. 2025
14:05
While President Trump has the US automotive industry scrambling to keep up with a flurry of directives targeting renewable energy and EVs, figures and forecasts out for 2025 suggest promising growth across Europe.
According to automotive trade body Mobility Sweden, the country can expect to see an increase in new electric car sales, accounting for around forty percent of all registrations in 2025, a return to the share seen in 2023 after a significant dip in 2024. Mobility Sweden attributes this bounce-back to Swedes’ strengthened financial positions as well as the expected release of several new and cheaper EV models.
According to Mobility Sweden’s chief economist Sofia Linder, while the uptick will benefit both the environment and fuel-paying consumers, further government inducement is needed to raise the EV uptake rate further.