Top EU countries spend $45 billion subsidizing fossil-fuel company cars, study says

By Yahoo! Finance | Oct 20, 2024 at 06:16 PM EST

A study by Transport & Environment reveals EU's top 5 nations spend 42 billion euros annually subsidizing fossil-fuel company cars, calling for more EV subsidies. This contradicts the green transition agenda. EV sales have fallen due to high costs compared to fossil-fuel models.

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