Jefferies: European BEV Registrations Surge in May as Policy and Incentives Support Growth
Jefferies' analysis of European auto markets shows battery electric vehicle (BEV) registrations climbed 41% year-over-year in May, lifting BEV penetration to 23.6% — a 6.2 percentage-point increase versus the prior year. Support from incentive programs in Germany, Italy and France contributed to that acceleration. Plug-in hybrid electric vehicles (…