electric car costs

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Carmakers Failing to Deliver Affordable Electric Cars, Holding Back EV Adoption — Analysis

Just 17% of electric cars sold in Europe are compact vehicles in the cheaper B segment, compared to 37% of new combustion engines, new analysis finds. Carmakers are slowing EV adoption by prioritising sales of larger, more expensive electric cars, according to Transport & Environment (T&E), which conducted the research. Only 40 fully electric models were launched in the compact segments (A and B) between 2018 and 2023 compared to 66 large and luxury models (D and E), according to the report.