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



