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New data for March 2026 shows that electric cars are significantly cheaper to run than combustion engines. Especially when charging at home, savings of up to 67 percent compared to petrol can be achieved.

The European electric car market is booming, while the US is struggling with declining demand. The article analyzes four European models and assesses their opportunities, pricing strategy, and market potential in North America.

The EU is replacing the planned combustion engine ban in 2035 with a 90% emissions target. New funding programs and industrial policy are to support the change, while manufacturers must continue to rely heavily on electromobility.

The European EV market continues to grow, with strong gains in plug-in hybrids. Models from China lead the ranking, while European manufacturers lose market share.

Chinese manufacturers plan to enter the European market for electric long-haul trucks. With potentially around 30% lower prices and fast development cycles, the pressure on established European manufacturers is growing.

New EU proposals on local content requirements for electric vehicles are drawing criticism in the UK. Industry representatives warn of potential export problems, while stricter national EV targets are also being discussed.