Electric vehicle sales in the European Union climbed 24.3% in January to more than 154,000 vehicles, pushing market share to 19% of all new car registrations. The gain becomes more significant considering the overall EU car market shrank nearly 4% during the same period, with total registrations falling to around 800,000 vehicles from 832,000 a year earlier.
The progress that is being made in electrifying the auto industry in Europe is likely to be closely watched by firms like Massimo Group (NASDAQ: MAMO) since it would offer…
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