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Already two months through the current year and a notable build-up of
steam in Germany, and in particular across some of West Europe’s smaller
markets, February’s somewhat hotter than expected one-third jump in
electric car (BEV) registrations gives rise to the cautious but
nevertheless promising view that West Europe’s BEV market still tells an
upbeat tale
First reactions to this promising upturn in underlying demand
couldn’t fail but trigger optimism in BEV industry quarters.
Latest AID compiled data, barring the possibility that
this year’s promising start is little more than a momentary blip,
supports the view that this year’s West Europe’s BEV market remains on
track to
better last year’s 0.68% sales share.
For all those engaged in Europe’s long-struggling electric car market (BEVs)
the current year began on a distinctly auspicious note.
At first glance, February’s one-third jump in BEV registrations looked
encouraging.
But it took only a quick second glance to conclude that February’s surge
may not after all be the sought-after reflection of a true underlying
upturn in consumers’ BEV demand, and in consequence may be in danger of
fizzling out again as quickly as it began.
AID investigates...more
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