Europe is a big market hub for the automobile industry. Even though the population is far less than any region from Asia. The preference to live luxuriously is very much high demand in European countries. So which type of powertrain vehicles are in demand among European consumers?
Well-developed high-tech countries with a balance to meet the need in an equal and justified manner for each European is the core foundation for automotive products to create a huge revenue-generating market.
However, with current scenario and tough competition from the Asian region is no doubt creating a different scenario with the auto industry finding solutions to keep their customers intact. So, what do you think which vehicles are creating a demand among their well-established consumers:-
The preference clearly shows the rising demand for electric vehicles in Spain and Italy more than its neighboring countries in Europe. The hybrid and battery electric vehicle demand is high in Spain and Italy. Consumers are indeed more interested in the sustainable-oriented type of vehicle for their daily purpose.
Well, Italy is well known for its luxurious and savvy style of automobile. Be it, Ferrari or Lamborghini, Italians got a high preference for stylish and high-speed vehicles. So how hybrid electric vehicle will justify their role need to be seen.
But, as we can see, Europe is gearing up for the different types of electric vehicles on the road on a mass scale.
Source:- Statista (Electric vehicle)