North America is well ahead of Europe in attracting investment from carmakers in the area of electric vehicles, battery production and charging, according to the latest report from the NGO network Transport & Environment (T&E), published on Thursday 6 June.
Weak EU electrification targets and the end of US subsidies have enabled Europe to obtain 26% of the global investment in electric vehicles announced between 2021 and 2023. 37% went to the US, Canada and Mexico, despite the region being...