· Amy Cancryn · eu-policy
The Green Divide: How Income Inequality Shapes EV Adoption in Europe (Part 1)
Income inequality plays a significant role in EV adoption, with low- and middle-income households—representing 80–90% of the population—unable to afford EVs priced at €40,000 or more. This article explores the affordability gap, automakers' profit-driven strategies, and the role of tariffs in shaping the future of EVs.