With New German Gigafactory, Tesla Looks To Build On Big Lead In Surging European EV Sales

The transition to electric vehicles (EVs) is occurring apace; sales in Europe are accelerating thanks to early adopter enthusiasm and government subsidies – given the shift in government and EU-wide cleaner energy initiatives. According to Schmidt Automotive, battery electric vehicle (BEV) sales will reach a market share of 60% in Western Europe by 2030, or 8.4 million vehicles.

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