GARO is establishing a sales company in Spain in the GARO E-mobility business area. Today, GARO operates in seven countries in Europe. The latest establishment took place during the autumn of 2023 in Germany.

The establishment is a natural step in GARO?s growth strategy that prioritizes the development of GARO?s European operations. Spain is the fourth largest country in Europe in terms of the number of passenger cars with about 27 million cars and a rapidly growing market for rechargeable cars. In 2023, electric cars comprised 5.8% of the total number of new car registrations in the country, up from 2.1% in 2020.

Pure electric cars only comprised 0.6% of the total vehicle fleet in 2023. From 2035, new cars sold in the EU must have zero emissions, which will involve significant growth in the years ahead. GARO is establishing a sales company in Spain in the GARO E-mobility business area.

Today, GARO operates in seven countries in Europe. The latest establishment took place during the autumn of 2023 in Germany. The establishment is a natural step in GARO?s growth strategy that prioritizes the development of GARO?s European operations.

Spain is the fourth largest country in Europe in terms of the number of passenger cars with about 27 million cars and a rapidly growing market for rechargeable cars. In 2023, electric cars comprised 5.8% of the total number of new car registrations in the country, up from 2.1% in 2020. Pure electric cars only comprised 0.6% of the total vehicle fleet in 2023.

From 2035, new cars sold in the EU must have zero emissions, which will involve significant growth in the years ahead.