Business
European countries with the most government subsidies for buying EVs
While all EU member states offer some form of tax benefit to boost EV sales, there is a significant difference between their direct purchase incentive schemes, with some of the most generous ones coming from Southern European countries.
Business
Chinese BYD triples its sales in Europe while Tesla is losing momentum
New EU car registrations jumped by 7.4% in July year-on-year. EV sales are increasing, but Tesla is losing momentum in the bloc as Chinese competitor BYD grows in popularity, tripling its sales in the first seven months.