Exeter University's Global Systems Institute department said interest in EVs has become more 'sticky', as drivers spend increased amounts of time hunting for pre-owned battery cars.
Exeter University's Global Systems Institute department said interest in EVs has become more 'sticky', as drivers spend increased amounts of time hunting for pre-owned battery cars.
The popular brand has been wielding the axe on some of its most recognisable combustion-engine model names in recent years as part of its ongoing efforts to switch to EVs.
This country has for years been leading Europe's transition to electric cars and is extremely well positioned to meet its own target of only adding EVs to its roads from 2025.
A recent report concluded that the 'days of EV costing significantly more than fossil fuel models are over' after analysing the second-hand value of cars.
Mercedes-Benz announced further cost-cutting and a shift away from EVs in a bid to revive margins as the company braces for a sharp drop in earnings in 2025.