Data from research firm Rho Motion has revealed that global battery electric vehicle (BEVs) and hybrid sales increased by 25% in 2024. Four consecutive months of record EV sales brought total EV sales to more than 17 million units as Europe’s electric vehicle sector stabilized and China’s industry kept expanding.
Emission targets and incentives were especially effective at pushing electric vehicle sales in China, undoubtedly the largest electric vehicle market on…
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