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Social Leasing Programs Could Make Electric Cars Affordable in Europe, Experts Say

Access to social leasing programs could make battery electric vehicles (BEVs) more affordable in Europe, potentially accelerating the transition to electric mobility and opening up opportunities for manufacturers like SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2). Learn more about the impact of social leasing programs on EV affordability in Europe with GreenCarStocks.

This news matters because it addresses the barrier of high prices that have limited the adoption of electric vehicles in Europe, potentially opening up the market to a wider range of drivers. By making EVs more accessible through social leasing programs, the transition to electric mobility could accelerate, leading to environmental benefits and opportunities for manufacturers to expand their business relationships.