Electric cars might dominate European markets by 2035, according to a new report

While that seems like slow progress, it’s actually relatively progressive when compared to other reports. The ING forecast pins the rise of EVs to the increasingly low prices of electric batteries, government support, and the ability to scale.

Between 2017 and 2024, completely electric cars are expected to “become the rational choice for motorists in Europe,” the report said, as EV showroom prices fall due to cheaper batteries and EV ranges increasing. Charging infrastructure is also expected to become more widespread, in part due to government support.

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