Global EV sales on track to exceed 2.6m units
Once again we saw strong EV volumes from both Europe and China in October, contributing to a second consecutive month of elevated global EV sales, at just under 350,000 units. Signs are positive for November as well, and if December sales are also above 300,000, then we will be looking at one million units of sales in the final four months of the year and over 2.75m units in 2020, a 26% increase and totally unexpected given the situation in the first four months of the year! It’s interesting to contrast penetration as well. In Europe PEV penetration reached 13%...
Topics
Batteries
BEVs
EVs