Drivers in Europe could afford battery electric vehicles (BEVs) if they had access to social leasing programs, some experts say. Prohibitively high prices have placed electric cars out of reach for most drivers in major vehicle markets, limiting EVs to affluent consumers with disposable income and hindering the broader transition to electric mobility.
As programs like social leasing schemes get underway, the increasing uptake of electric vehicles could also spur manufacturers like SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) to seek out beneficial business relationships with…
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