Global EV sales hit record in November
Global EV sales recovered in November and hit their highest-ever monthly level at 1.1M units, surpassing the previous record set in September. There was a small recovery in Chinese sales, but the Zero Covid policy continued to impact sales in November before an anecdotal recovery in December. However, it was Europe where the biggest bounce was seen, with volumes rising 34% m/m to also hit an all-time record of 292K units. After briefly turning negative on a y/y basis in the middle of the year, European EV sales have recovered over the past three months and are now in low...