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EU expects new energy vehicle penetration to approach 20% next year

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Although fuel vehicles still dominate the number of cars currently sold in the world, as the sales of electric vehicles increase, the share of electric vehicles in new sales is also increasing. .

The European Automobile Manufacturers Association predicts that among new cars sold in the EU market next year, the share of pure electric vehicles will be close to 20%, up from 14% to 14.5% this year.

However, the European Automobile Manufacturers Association also predicts that the growth rate of new car sales in the EU market will slow down next year, from 12% this year to 2.5%.

Although growth is expected to slow next year, new car sales in the EU market this year have exceeded their expectations. At the beginning of this year, the European Automobile Manufacturers Association expected sales to increase by 5% year-on-year this year.

As the sales of electric vehicles increase, laws and regulations related to electric vehicles will also increase in the future, and there will be more demand for supporting facilities such as charging piles.

Luca de Meo, President of the European Automobile Manufacturers Association and CEO of Renault, emphasized that from now to 2030, automakers are expected to face more regulations, many of which will conflict with each other. The deployment speed of charging stations will require Accelerate advancement by 7x to 10x.

The increase in demand for electric vehicles will also prompt automakers to launch more models. Luca de Meo mentioned that in the next few years, more conventional electric vehicles will be launched with a range of 400 to 500 kilometers, and the prices of these electric vehicles are also expected to be significantly reduced.

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