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Europe, China contribute to stellar EV growth

Posted on - 10 Nov 2020

Category - Data update

Europe and China both recorded a strong acceleration in EV sales in September, with European sales hitting a record of 160,000 units, pushing global EV sales to a record of 345,500 units. Itโ€™s the first time this year that China and Europe have been strong at the same time. European PEV sales are now annualising at well over 1.0m units and there is a view in the market that some auto OEMs might actually be hanging back. The reason? 2020 will be taken as a baseline for the 37.5% CO2 reduction goal by 2030. If OEMs over-deliver this year then...

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Topics

Batteries BEVs China Europe EVs Lithium-ion battery PEV