Sales of electric vehicles have enjoyed a resurgence in Europe this year but analysts warn that geopolitical turbulence and regulatory uncertainty could threaten their continuing momentum.
A sharp rebound in EV demand across the continent has been one of the few bright spots for carmakers at a time when Porsche, Volvo Cars, Mercedes-Benz and others have reduced or withdrawn their earnings forecasts due to the turmoil caused by Donald Trump’s rapidly evolving tariff war.
Registrations of new electric cars in wider Europe and the UK have increased 28 per cent to 573,500 vehicles during the first three months of the year, driven by a sharp recovery in Germany, according to European car industry body ACEA.
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