(AGENPARL) - Roma, 20 Aprile 2023 - (AGENPARL) – gio 20 aprile 2023 For Immediate Release
Media contact: Justinas Baltrusaitis
Finbold.com
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Electric cars demand in Europe grows as over 1 million passenger EVs registered in Q1, 2023
Europe is among the regions leading the way in the global transition towards electric vehicles (EVs), solidifying its position as a hub for the widespread adoption of eco-friendly transportation. This transition has led to a remarkable surge in the number of residents opting for electric cars as they move towards a more sustainable and environmentally conscious future.
Among the registered electric cars, Hybrid electric vehicles (HEV) had the highest share, with 667,559 registrations. Battery electric (BEV) vehicles came in second with 320,857 registrations, while Plug-in hybrid electric (PHEV) ranked third with 189,221 registrations.
Drivers of EU electric vehicle adoption
The research identified some of the driving factors behind Europe’s EV adoption. According to the research report:
> “The surge in Europe’s adoption of electric vehicles can be tied to a combination of factors, including a climate-conscious populace with high-income levels, strong government support for EVs, and the development of an extensive public-private network for EV charging infrastructure.”
Although Europe’s electric car adoption is on the rise, there are still barriers to overcome toward widespread acceptance, with high costs ranking among the top concerns.
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