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Global EV and plug-in electric vehicle (PHEV) sales hit records in 2024 as booming growth in China and other parts of the world made up for weakness in Europe. Global EV sales surge 25% in 2024 ...
KBB found that EV lease penetration climbed to 42.7% (as opposed to buying outright or financing) at the end of the quarter, having risen steadily since December 2022, when the federal government ...
Visitors view a BYD Seal 06 DM-i electric car at the 2024 China (Tianjin) International Auto Show on Oct. 3, 2024. ... More than 60% of September’s sales came from the world’s second-largest ...
The electric vehicle industry in China is the largest in the world, accounting for around 58% of global production of electric vehicles (EVs) in 2023 [1] and more than 1.28 million exports in 2024. [2] In 2024, CAAM reported China had sold 12.87 million passenger electric vehicles, with 60% of those sales being BEVs (battery-only EVs) and 40% ...
By mid-2022, there were over 20 million light-duty plug-in vehicles on the world's roads. [6] Sales of plug-in passenger cars achieved a 9% global market share of new car sales in 2021, up from 4.6% in 2020, and 2.5% in 2019. [2] [7] [8] The PEV market has been shifting towards fully electric battery vehicles. The global ratio between BEVs and ...
GM sold nearly 21,000 EVs in the U.S. in July and August — almost matching its full second-quarter EV sales. GM’s EV sales through August were up about 70% compared with a year earlier.
In the third quarter of 2021, the Alliance for Automotive Innovation reported that sales of electric vehicles had reached six percent of all US light-duty automotive sales, the highest volume of EV sales ever recorded at 187,000 vehicles. This was an 11% sales increase, as opposed to a 1.3% increase in gasoline and diesel-powered units.
BYD, the world's biggest EV maker, said its China passenger vehicle sales surged 35% in August from a year earlier to a record monthly high of 370,854.