As Europe develops an appetite for battery electric vehicles (BEVs), with Volkswagen’s ID.3 even becoming the second-best selling car overall in December, North America continues to lag behind. Although it is unlikely to catch up to Europe any time soon, things are beginning to move when it comes to local manufacturing, with some major OEMs and some credible start-ups announcing big investments for new models.
The big factors in the difference are the financial incentives in Europe and the consistently low fuel prices in North America, which explains why most of the forthcoming EV manufacturing in North America focuses on luxury vehicles, rather than models intended to appeal for their value, as with the European market.
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