Key View: With the EU set to ban the sale of petrol/diesel cars from 2035, and with European carmakers making a big push towards electric models, we believe that Belgian consumers will increasingly look towards buying an EV as the current decade continues. We are forecasting average annual growth of 11.5% for the passenger EV sub-segment across our forecast period to 2033. Supporting our upbeat outlook for Belgium's EV market is the arrival of new EV models from Mainland China-based companies such as BYD (the glo...
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