Europe streaks ahead of US in electric cars
 

Europe and China are fast moving to electric cars leaving the US to eat its dust.

Tighter emissions rules in China and Europe leave global carmakers and some consumers with little choice but to embrace plug-in vehicles, fuelling an investment surge.

The feeling is that in the next five years in Europe will see a focus on electric, hybrid, connected and self-driving cars.

In Europe, green cars benefit increasingly from subsidies, tax breaks and other perks, while combustion engines face mounting penalties including driving and parking restrictions.

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