TECH - Tesla Powers Up While Ford Falters As BEVs Grab Historic 20% Market Share In Europe | Benzinga
The European Union is increasingly warming up to electric vehicles as reflected by recent industry data.
Market Share Milestone: According to data published by the European Automobile Manufacturers’ Association (ACEA), battery electric cars (BEVs) market share crossed 20% for the first time in August.
This marks BEVs as the third most preferred fuel choice in the European Union, following gasoline and hybrid electric vehicles. Hybrid electric cars hold a 24% market share, while gas vehicles claim 32.7%.
Rising BEV ...