Electric Vehicle Sales Decline in Switzerland

• For the first time, new electric vehicle registrations in Switzerland declined in 2024.
• The extension of vehicle import tax to electric cars began at the start of 2024.
• Range anxiety is no longer considered a primary impediment to EV adoption.
• There is a specific lack of estate models in the current electric vehicle market offerings.
• Norway experienced a similar slowdown when it reached Switzerland's current market share levels eight years ago.

By The Numbers

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