Policy can spell success or failure for EVs in Europe
Since 2017, several European governments have announced bans on sales of conventional gasoline and diesel vehicles. Countries like France and the United Kingdom have set bans to come into force by 2040, while Norway has set a more ambitious goal of 2025. Raquel Soat, Research Analyst at Navigant, looks at how policy might affect European electric vehicle markets over the coming years.
Conventional vehicle bans and the introduction of national electric vehicle (EV) sales targets — like Poland’s goal of 1 million EVs on the road by 2025 — will lead to an influx of plug-in EVs (PEVs) if supportive regulations accompany these promises. Vehicle sales are already progressing: PEV sales in Europe increased 35% from 2017 …
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