Market insight - Page 23
UK's 2030 ICE ban to return yet Renault CEO already fears EV transition timeline
As the UK is set to restore its 2030 ICE ban, Renault chief Luca De Meo has questioned the timeline for the transition to electric vehicles (EVs) in Europe, insisting the French car maker needs to reduce costs to meet its EV goals.
Absence of Chinese EV competition could mean higher prices, reduced demand
Despite positive overall results for new car registrations in the first half of 2024, there are worrying signs of slowing growth, according to JATO Dynamics first-half analysis of new passenger car registrations in 28 European countries
BYD scores highest for brand recognition, challenge remains for other new marques
BYD is the most widely recognised new entrant brand among car buyers outperforming fellow Chinese brands as well as those from the US and Vietnam, according to consumer research by JudgeService.