London/Paris | Europe is set for a resurgence in electric vehicle sales this year with carmakers delivering more than 160 models to the market, but executives warn that profits may fall further because of regulatory costs and discounting.
Growth in EV sales across key European markets ground to a halt last year as governments cut back their subsidies and companies held back from new EV models until 2025 in anticipation of the continent’s stricter new emissions rules.
