Electric-car sales have declined primarily in China and North America, while Europe has seen an increase.
The Chinese government's decision to cut the subsidy for electric cars has caused sales to drop for the first time in history. Monthly sales worldwide fell by 14% to around 128,000 plug-in cars, according to Bloomberg. Sales have declined primarily in China and North America, while Europe has seen an increase. Despite this, analysts are convinced that the demand for electric cars will increase again in the long term. Visit Business Insider's homepage for more stories.
The Chinese government's decision to cut the subsidy for electric cars has caused sales to drop for the first time in history. Monthly sales worldwide fell by 14% to around 128,000 plug-in cars, according to Bloomberg. Sales have declined primarily in China and North America, while Europe has seen an increase. Despite this, analysts are convinced that the demand for electric cars will increase again in the long term. Visit Business Insider's homepage for more stories.
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