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The top three countries in the region are Germany, the UK, and Norway, which together account for a market share of approximately 45% in terms of value and volume over the period. Volkswagen Group and Renault are investing strongly in electric vehicles. The Volkswagen Group plans to invest approximately USD 72 Billion in its development, including areas of hybridization, electric mobility, and digitalization, between 2021 and 2027. A French company will invest 128.5 Million euros for a 50% stake in a venture with Jiangling Motors Corp to develop electric vehicles in China, part of a push by a French company to make further inroads into the world market

Europe Electric Vehicle Market Outlook to 2027 - Featuring BMW, Daimler, General Motors, Hyundai and Tesla Among Others - ResearchAndMarkets.com

The "Europe Electric Vehicle Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering

By AP News
Published - Nov 07, 2022, 07:19 AM ET
Last Updated - Jun 17, 2024, 07:25 AM EDT

DUBLIN--(BUSINESS WIRE)--Nov 7, 2022--

The "Europe Electric Vehicle Market Outlook, 2027" report has been added to ResearchAndMarkets.com's offering.

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