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Global EV sales are motoring

Posted on - 11 Dec 2024

Category - Trade & Demand

Sorry but not sorry for that headline, if you know what we mean! The long and the short of it is that global EV sales are up 25% y/y YTD October and signs are that strong China sales will continue to offset weakness in the US and Europe into the final two months of the year. China is definitely where the bulk of the growth has been this year, with the cash for clunkers program having substantial positive results in the second half of the year. China’s EV sales were up 32% y/y in the first half of the year...

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Topics

BEV China Europe EV sales PHEV ROW US