Europe is Increasing Gas-Powered Cars Production

Friday, 15 Sep 2017

Europe is Increasing Gas-Powered Cars Production

Europe is Increasing Gas-Powered Cars Production

European car manufacturers surveyed by The Wall Street Journal consider the demand for electric cars too low for them to replace diesel cars in the near future.

Companies are investing in the production of electric vehicles, but are now more focused on increasing the production of cars with petrol engines and the development of diesel engines that are more environmentally friendly.

The demand for electric vehicles is held back by their expensiveness, limited mileage, lack of recharging stations and the small number of offers for different market segments. Many manufacturers are planning to increase the number of electric models and hybrids by 2025, however, according to the experts, the profitability of electric vehicles will be twice lower than that of traditional ones.

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