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Global EV sales storm back in March

Posted on - 12 May 2021

Category - Data update

Global EV sales rose 97% m/m in March after a lacklustre couple of months, recording total sales of over half a million units for only the second time on record. All key regions saw an increase, even the US! Global sales are now up 144% YTD and once again you would expect the sell side to have to start raising its EV sales forecasts! We are now well on target for sales in excess of 4.5m units in 2021, possibly as high as 5.5m units. I haven’t seen too many forecasts that high… Europe was once again the region with...

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EV EVs GM PEV Renault Tesla Volvo VW Wuling