Khaberni - Data released by the European Automobile Manufacturers' Association on Tuesday shows an annual increase in new car sales in Europe for the fifth consecutive month in November, supported by an increase in electric vehicle registrations in markets including Germany, Italy, and Spain.
The market share of electric car registrations was 21% in the European Union, 26% in the United Kingdom, and 98% in Norway.
The automotive industry in Europe faces challenges including competition from China, American tariffs on imports, and the difficulty of achieving profits while complying with local laws that encourage the shift to electric vehicles.
Last week, the European Commission announced a plan to remove a ban that was set to begin in 2035 on combustion engine vehicles following pressure from the automotive sector in the region, representing the biggest rollback by the consortium on its environmental conservation policies in recent years.
However, analysts say that electric cars are the future in the long term.
Data from the European Automobile Manufacturers' Association showed an increase in sales in the European Union, Britain, and the European Free Trade Association by 2.4% to 1.1 million cars in November.
In a statement, the association said, "Despite the positive momentum recently, total sales are still much lower than pre-pandemic levels."
