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Global EV Sales Rise Only 6% in Nov, Slowest Since Feb 2024
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According to data from consultancy Benchmark Mineral Intelligence, November saw the slowest global electric vehicle (EV) sales growth since February 2024, which the consultancy attributed to stagnant growth in China's EV sales and a decline in US EV sales for the first time since 2019 following the end of tax incentives. Specifically, nearly 2 million global EV registrations were recorded in November, marking an increase of 6%. China saw a growth of 3% to over 1.3 million registrations, while North America saw a decline of 42% to about 100,000 registrations. AAStocks Financial News |
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