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Europe’s biggest car market to see first EV slump since 2016

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Washington Post
Wilfried Eckl-DornaThe Washington Post

German electric-vehicle sales are projected to drop for the first time in eight years as signs of a slump in the EV market are spreading.

The VDA lobby expects shipments of purely battery-powered cars to decline 14% to 451,000 units this year as subsidy cuts weigh on demand, it said Tuesday.

Europe’s biggest auto market has been one of the main drivers…

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