European EV Truck Market Share at Risk from Chinese Competition, Report Warns
EUTransport & Environment
A new analysis by Transport & Environment (T&E) projects that European truck manufacturers could cede a significant portion of their domestic electric truck market to Chinese competitors by 2030. This market shift is attributed to European companies lagging in EV truck development and lobbying against stricter emissions regulations, potentially accelerating the uptake of more competitive Chinese offerings.
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