Dutch bank predicts Europeans will buy only electric cars by 2035

A new report released today suggests that all new cars sold in Europe will be electric as early as 2035 — which will have serious effects on the European car manufacturing industry. Senior economists at ING released a report titled, “Breakthrough of electric vehicle threatens European car industry.” In it, they predict that barriers which currently keep consumers from investing in electric will disappear over a short period of time. Falling battery prices, coupled with better range between charges and faster charging times overall will help contribute to buyer confidence — buying a battery-operated car will be just as attractive…

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