The long-awaited unveiling of the VW ID3 at the Frankfurt motor show (https://lnkd.in/e6XS89p) feels like the launch of a new chapter in European EV sales.
It comes at a good time as European EV sales growth continues to slow. In August I calculate (from national data) that YoY growth was just 21%, 75% increase for BEVs offset by a 27% fall in PHEVs. This was despite a near five-fold increase in the UK as right-hand drive Tesla Model 3s arrived. Market share remains robust, however, as overall car sales were down 8%.