Plugins EVs Near Third Of Autos In Germany, Recession Forecast

Plugin electric vehicles (EVs) gained 32.4% of Europe’s largest auto market, Germany, in October, up from 30.4% YoY. This in the context of overall auto market growth of 16.8% YoY, to 208,642 units. This, however, is still down by almost 25% from the pre-2020 seasonal norms. The Fiat 500 was October’s best selling full electric. […]