Reported 2 months ago
Global sales of electric vehicles surged by 21% in July 2024, primarily fueled by a 31% increase in China's sales, according to market research firm Rho Motion. However, European demand is declining, accentuated by new tariffs on Chinese EV imports impacting brands like MG Motor. Overall, July saw 1.35 million EVs sold globally, with a noticeable drop in sales in the EU, especially in Germany.
Source: YAHOO