Part 7/10:
Cars such as the electric Renault R5 or upcoming affordable models from Chinese manufacturers are likely to drive increased adoption within the sub-segment A and B classifications. The weight and emissions taxes prevalent in Europe are influencing purchasing decisions, favoring hybrids and electric vehicles due to their more attractive price points compared to traditional petrol and diesel cars.
However, it’s evident that some traditional manufacturers, such as Jaguar, seem to be betting on premium vehicles in unfavorable market segments.