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Global EV Sales Touch 9.8M In 2024 At August End, But US Market's Fate Tied To Upcoming Elections, Says Rho Motion

Benzinga LogoBenzinga11h ago

Global EV Sales Touch 9.8M In 2024 At August End, But US Market's Fate Tied To Upcoming Elections, Says Rho Motion - Benzinga

Quick Summary:

Global electric vehicle sales, including both battery electric vehicles and plug-in hybrid vehicles, in the eight months from January to August this year have touched 9.8 million, marking a growth of 20% when compared to the corresponding period last year, research firm Rho Motion said on Thursday.

What Happened: Of these overall EV sales, 6 million were sold in China, 1.1 million in the U.S.and Canada, and 1.9 million in the EU, EFTA, and the UK collectively, Rho Motion said.1.5 million EVs were sold around the world in August alone, with a million of them sold solely in China.

"China surpassing one million EV sales in a month is ...


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Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-12 @ 12:20:43 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 401 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22471241

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Official Website: benzinga.com

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News Last Updated: 8 hours ago

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Publisher ID: #53

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