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InsideEVs
InsideEVs
Technology
Andrei Nedelea

Cheaper EVs Are Helping Fuel Europe’s Electric Car Boom

  • EU electric car sales rose 45% through August, with more affordable models helping drive growth.
  • Five of Europe’s top 20 plug-in models offer electric versions below €30,000 in at least one market.
  • Higher fuel prices are also pushing Europeans to switch to electric, although pricier EVs remain major sellers.

It turns out that giving people more electric cars they can afford is a very effective way of selling more of them. Europe’s EV sales have hit a new record this year, according to a new study, with smaller, cheaper models helping driving that growth.

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