BloombergNEF forecasts a robust 22% growth for the electric vehicle market this year, with further acceleration expected as more affordable models hit the market in the coming years.
European Union van sales experience a strong 8.5% increase in the first nine months of 2024, fueled by growth in major markets like Spain, Germany, Italy, and France.
ACEA data reveals a slight decline in the market share of electric vans in the EU, UK, and EFTA countries during the first nine months of 2024, although overall van registrations increased.
Industry analysts predict a rise in U.S. new vehicle sales in 2025, fueled by electric vehicle growth and improved affordability. Concerns include potential policy changes and tariff threats.
