EVs could reach 24% EU car market share by 2025, T&E says

Battery-electric cars in the European Union are projected to reach a market share of 20% to 24% by 2025, driven by lower prices. EV sales have slowed due to varied green incentives and tariffs on Chinese cars. Seven new electric models priced under 25,000 euros are expected in 2024 and 2025, boosting sales.