Electric vehicles: renewed momentum in Europe – Kevin Berton’s analysis on the 19h30 (RTS)
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RTS
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Kevin Berton Asian Markets Analyst
The transition to electric vehicles is regaining momentum across Europe. In the background: rising fuel prices, which are accelerating decision-making for both consumers and businesses.
Interviewed on the 19h30 programme on RTS, Kevin Berton, Asia Markets Analyst at Piguet Galland, highlights a broader dynamic at the intersection of energy, industrial and economic challenges.
Acceleration driven by the energy context
Rising energy prices are acting as a catalyst. The shift to electric mobility is increasingly becoming an economic decision, beyond purely environmental considerations.
Asian competition already well positioned
In this context, Asian manufacturers – particularly Chinese, Korean and Japanese players, are entering the market with strong advantages:
- already mature technologies
- competitive electric vehicle offerings
- more affordable models
This is likely to strengthen their presence in Europe and intensify competition for local manufacturers.
A key issue for financial markets
This trend goes beyond the automotive sector alone. It reflects deeper structural transformations:
- industrial reshaping
- new energy balances
- implications for markets and investment strategies