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08 Feb
12:54

CEE carmakers seen well-positioned for electric vehicles switch

Central and Eastern European (CEE) carmakers have modern manufacturing plants that should see them cope with the switch to electric vehicle (EV) production, according to Erste Group bank. The car industry has been shaken in recent months by the diesel scandal and subsequent decline of demand for diesel-powered passenger cars. The share of diesel in the new car market fell from around 55-56% in 2013 to as low as 35.9% in 2018, according to the European Automobile…
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