Will Electric Vehicles Continue To Thrive Without Subsidies? ...Middle East

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Will Electric Vehicles Continue To Thrive Without Subsidies?
source : OILPRICE ( Middle East ) () 19
Sales in Germany plunged after subsidies were reduced... Think Twice About Electric Vehicles The Wall Street Journal reports Germans Think Twice About Electric Vehicles Sales of fully electric vehicles (EVs) fell 13.2% in January compared to January 2022, Germany’s Motor Transport Authority reports. Sales of hybrids declined 6.2%. This compares to an increase of 3.5% in the number of new gasoline-powered cars sold, and a modest decline of 1.2% for diesel. The main explanation is the end of Berlin’s subsidies for EVs and hybrids at the…

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