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It will be a key year for Tesla sales and EV ownership in Europe and China.

"Production of electric vehicles is estimated to climb to at least 1.3 million and could reach 1.5 million depending on market conditions this year, according to Bernstein analyst Mark Newman. Wedbush analyst Dan Ives raised his price target for Tesla from $600 to $800 saying, “we continue to believe EV demand in China is starting to accelerate with Tesla competing with a number of domestic and international competitors for this market share.”
Meanwhile, Cairn Energy Research predicts the biggest growth in EV sales next year will happen in Europe, mainly because governments in the EU are committed to lowering carbon dioxide emissions. That commitment is pushing countries like France to roll out new incentives to convince residents to buy electric cars. In announcing a new bonus for people to buy an electric car, France President Emmanuel Macron said he wanted France to become the top producer in Europe of clean vehicles."


 
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