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- European automobile manufacturers association (ACEA) forecasts European Union car sales will grow by 2.5% in 2024, a significant slowdown from projected growth of 12% to reach 10.4 million vehicles in 2023.
- The forecast for 2023 is an upgrade from the 5% given in January.
- ACEA also said that the share of BEVs will grow from 14-14.5% in 2023 to 20% in 2024.