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In March 2023, the European automotive industry saw a significant 48.9% rise in battery-electric vehicle (BEV) registrations, reaching over 20% of the market share, driven by high petrol prices and geopolitical tensions, particularly from the Iran war, alongside new tax incentives enhancing the appeal of electric vehicles while conventional internal combustion engine vehicle sales continued to decline. #ElectricVehicles #EVGrowth #SustainableTransport

In March 2023, the European automotive industry saw a significant 48.9% rise in battery-electric vehicle (BEV) registrations, reaching over 20% of the market share, driven by high petrol prices and geopolitical tensions, particularly from the Iran war, alongside new tax incentives enhancing the appeal of electric vehicles while conventional internal combustion engine vehicle sales continued to decline. #ElectricVehicles #EVGrowth #SustainableTransport

In March 2023, the European automotive industry saw a significant 48.9% rise in battery-electric vehicle (BEV) registrations, reaching over 20% of the market share, driven by high petrol prices and geopolitical tensions, particularly from the Iran war, alongside new tax incentives enhancing the appeal of electric vehicles while conventional internal combustion engine vehicle sales continued to decline. #ElectricVehicles #EVGrowth #SustainableTransport