The market last month saw a sharp rebound in the sales of traditional, internal combustion engine vehicles as Covid-19 restrictions continued to ease. Analysts have predicted a similar rebound in Europe as the continent emerges from the public health crisis.
Pure EVs had begun to claim a rising market share before coronavirus containment measures decimated sales last month. Even in the face of an 88% monthly fall in EV sales from March to April, however, clean energy models fared better than petrol and diesel sales.
A report on the prospects for a mooted $2.6tn electric vehicle market over the next decade says PHEVs – part electric, part gas-guzzling – are already losing market share rapidly to pure electric rivals, and will be extinct by 2030.
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