ECONOMY Czech car production rises, EV demand falls

Czech automakers produced nearly 1.1 million passenger cars in the first three quarters of 2024, an 8 percent increase year-on-year. However, electric vehicle (EV) production accounted for just a tenth of this output, with demand for EVs declining across Europe despite EU efforts to promote them over internal combustion engines. This contrasts rising overall production and shrinking interest in electric cars.