Sales of electric vehicles in Europe have significantly declined, leading carmakers to urge the European Commission for urgent intervention to avoid hefty fines for exceeding CO2 emissions standards. The decline is attributed to the cost-of-living crisis and insufficient charging infrastructure. ACEA's director general, Sigrid de Vries, emphasized the urgency of the situation, noting that car sales fell over 18% year-on-year, with electric models' market share dropping from 21% to 14%. The EU's emissions limits are tightening, and carmakers face multi-billion-euro fines if they do not comply. Some national governments, like Italy and Germany, are advocating for a reconsideration of these standards. Despite significant investments in electrification, the industry is struggling to adapt to the changing market demands and regulatory pressures. Teljes cikk (Euronews.com)